Press Release

For Immediate Release Contact: Dan Combs 202-257-2722 WASHINGTON, D.C. – The RATE Coalition released the following statement in response to President…

Former United States Senator Blanche Lincoln (D-AR) today submitted testimony for the record of the U.S. House Ways and Means Committee’s “Field Hearing on the State of the American Economy: The South” in support of a pro-growth, globally competitive corporate tax regime. 

WASHINGTON, D.C. – The RATE Coalition released the following statement on the White House FY2024 budget that called for an increase in America’s federal corporate tax rate.

WASHINGTON, D.C. — The RATE Coalition, whose members and affiliates employ more than 53 million American workers in all 50 states, issued the following statement after the non-partisan Congressional Budget Office (CBO) released a new 10-year economic projection which forecasts that high levels of inflation will persist into next year.  

The RATE Coalition, whose members and affiliates employ more than 53 million American workers in all 50 states, released the following statement on President Biden’s budget, which calls for raising the federal corporate rate from 21% to 28%. When combined with state taxes, American businesses would face an average effective tax rate of 33%. In comparison, competitors in China pay 25%, while Russian companies only pay 20%.  

The RATE Coalition, whose members and affiliates employ more than 53 million American workers in all 50 states, released the following statement regarding the proposed budget framework

“A slew of studies projects a range of deleterious outcomes if Congress moves forward with a costly corporate rate hike”

The RATE Coalition, whose members and affiliates employ more than 53 million American workers in all 50 states, released the following statement regarding the proposal to raise the corporate tax rate to a combined 31 percent