President Joe Biden has released his budget for fiscal 2024. He is proposing trillions of dollars of tax increases, including raising the corporate tax rate from 21% to 28%. […]
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RATE Coalition Statement on the White House Budget
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. […]
ICYMI: The 2017 tax cuts were a huge success
On the fifth anniversary of the Republican tax cuts, the evidence is clear that working people and small businesses have benefited enormously. […]
ICYMI: The folly of raising corporate tax rates
Labor unions and labor-backed groups are urging the lame-duck Congress to pass a bill that would devastate the working men and women they claim to represent. They want to raise the U.S. corporate tax rate to one of the highest levels in the world. […]
ICYMI: History proves that low taxes and low spending work
On the fifth anniversary of the Republican tax cuts, the evidence is clear that working people and small businesses have benefited enormously. […]
ICYMI: Record tax receipts defeat Biden’s arguments for new taxes
On the fifth anniversary of the Republican tax cuts, the evidence is clear that working people and small businesses have benefited enormously. […]
ICYMI: Raising taxes now would likely guarantee a recession
On the fifth anniversary of the Republican tax cuts, the evidence is clear that working people and small businesses have benefited enormously. […]
RATE Coalition Statement on New CBO Projection
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. […]
ICYMI: Corporate Tax Hike Will Exacerbate Inflation, Hurt Economic Outlook
Corporate Tax Hike Will Exacerbate Inflation, Hurt Economic Outlook Real Clear Markets By fmr. Senator Blanche Lincoln May 12, 2022 Last week the Federal Reserve raised interest rates by 0.50%, the largest rate hike in more than two decades. At a press conference shortly after announcing the move, Fed Chairman Jerome Powell indicated that the […]
RATE Coalition Statement on President’s Budget
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%. […]
