RATE Coalition Applauds House’s Swift Action on Budget Resolution

WASHINGTON, D.C. – The RATE Coalition, whose members and affiliates employ more than 55 million American workers in all 50 states, released the following statement ahead of the House vote on its budget resolution:

“We are pleased to see the House moving swiftly to advance a budget resolution that sets the stage for tax reform. The Tax Cuts and Jobs Act proved that a competitive, pro-growth tax code drives investment, job creation, and economic expansion. Maintaining the 21% business tax rate is critical to ensuring American businesses remain globally competitive and continue delivering opportunities for workers and families across the nation.

“As Congress moves forward, we urge lawmakers to prioritize policies that maintain and build on the success of the Tax Cuts and Jobs Act. A strong, stable tax environment is essential for long-term economic growth, and we stand ready to work with the House to protect the pro-growth tax framework that has strengthened America’s economy.”

Background: RATE Coalition members employ more than 55 million Americans working in all 50 states. Our objective is to maintain America’s globally competitive corporate tax rate and create the best climate for our nation’s economy, job creators and workforce to succeed into the future. Learn more at RATEcoalition.com.