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. […]
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 […]
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 corporate rate hike’s exclusion from the current Build Back Better proposal is a positive step for America’s economic comeback” […]
“Washington’s movement away from an increase in our country’s corporate tax rate is a welcome development for struggling employers of all sizes across America – particularly the 1.4 million small businesses that faced the prospect of paying a higher rate.” […]
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 […]
ICYMI, former U.S. Senator Blanche Lincoln appeared on “Montana Talks with Aaron Flint” to discuss the vital importance of preserving America’s globally competitive corporate tax rate […]
“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 […]
“An increase in the corporate rate carries alarming consequences for American workers, who bear as much as 70 percent of the tax” […]
