Research

Former United States Senator Blanche Lincoln (D-AR) today released the following statement on behalf of the RATE Coalition

The Senate Finance Committee’s 3/16 hearing, “Made in America: Effect of the U.S. Tax Code on Domestic Manufacturing,” spotlighted the critical need to keep America’s corporate tax rate competitive. ICYMI, check out some key highlights

The Tax Foundation: “We estimate that this would reduce long-run economic output by 0.8 percent, eliminate 159,000 jobs, and reduce wages by 0.7 percent. Workers across the income scale would bear much of the tax increase. For example, the bottom 20 percent of earners would on average see a 1.45 percent drop in after-tax income in the long run.”