America’s business tax
system is broken.
In today’s global economy, America’s tax system must reflect the dynamic and innovative marketplace in which all businesses compete. 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.
To reform the tax code, making it fairer and simpler and improving the prospects of growth and jobs in the U.S. economy by reducing the corporate income tax rate to make it more competitive with our nation’s major trading partners.
We believe that a lower corporate tax rate would better allow U.S. businesses to compete in today’s globalized marketplace.
We believe that the best means of achieving a more competitive tax system is through a reduction in the U.S. statutory corporate tax rate, currently the highest in the industrialized world.
We believe that a lower corporate tax rate would benefit both domestic and multinational companies and would increase incentives to invest in the U.S., enhancing economic growth and benefitting American workers, consumers, and small businesses.
We believe a lower corporate tax rate will result in increased economic growth, but recognize budget responsibility and are willing to put all tax expenditures on the table to achieve a globally competitive rate.
RATE is a coalition of 33 companies and organizations advocating for sensible corporate tax reform. Making the tax code fairer and simpler will help spur job growth and stimulate the U.S. economy, and make us more competitive globally. RATE members currently include: Aetna Inc., AT&T, Altria Client Services Inc., Association of American Railroads, Boeing, Brown Forman, Capital One, Cox Enterprises, CVS Caremark, Edison Electric Institute, FedEx, Ford, General Dynamics, Home Depot, Intel, Kimberly-Clark, Liberty Media, Lockheed Martin, Macy’s, National Retail Federation, Nike, Northrup Grumman, Raytheon, Reynolds American, S&P Global, Southern Company, Time Warner Cable, T-Mobile, UPS, Verizon, Viacom, Walt Disney and Walmart.
Reforming America’s Taxes Equitably is a 501(c)(4) non-profit organization. Contributions are not tax deductible as charitable contributions, or as section 162 trade or business expenses.