Tax Reform Talk: Wall Street Journal Highlights America’s High Corporate Tax Rate
WASHINGTON, D.C. — Comprehensive tax reform has bipartisan and bicameral support. While the United States has the highest corporate tax rate in the world, leaders in both parties agree that a lower corporate rate and a simpler code will create jobs and boost economic growth. With overwhelming support, now is the time for action to make American businesses more competitive.
“Every year that the U.S. fails to reform its tax code, America becomes less competitive and more jobs are put at risk.”
– Wall Street Journal editorial, 10.27.13
Key information on the need for comprehensive tax reform can be found here: www.ratecoalition.com. Follow @RATECoalition, @simplertaxes, #taxreform and #RATEreform on Twitter to stay on top of the tax reform debate.
RATE is a coalition of businesses, associations and other like-minded groups that are joining together to advocate for sound and equitable reforms to the tax code that will restore the competitiveness of the United States as a place to invest and grow, and boost job creation and economic growth. RATE members and affiliated companies represent over 30 million employees in all 50 states and support innumerable numbers of suppliers and small businesses.
Learn more about why America needs to reform its corporate tax code before it’s too late at www.ratecoalition.com.