WASHINGTON, D.C. – The RATE Coalition has released the following statement in support of President Trump’s comments on tax reform in his joint address to Congress last night:
President Trump said last night, “Right now, American companies are taxed at one of the highest rates anywhere in the world. My economic team is developing historic tax reform that will reduce the tax rate on our companies so that they compete and thrive anywhere and with anyone.”
The RATE Coalition pledges to work with the President and his economic team, as well as leaders in Congress, to fundamentally reform the tax code. Six years ago, RATE was founded for precisely this reason—Reforming America’s Taxes Equitably.
We believe that a more competitive corporate tax rate can help American companies stay in America, help create better economic conditions so that American workers have more money for them and their families, and help the American economy grow faster, which will put more people to work.
We are grateful that the President is making tax reform one of his highest goals. And we look forward to using all of our resources as a coalition to help him achieve his goal.