RATE Coalition Statement Following 2024 Presidential Election

WASHINGTON, D.C. – The RATE Coalition released the following statement following the 2024 elections.

“The RATE Coalition looks forward to working with President-Elect Trump and the 119^th Congress as they work to develop successful tax policies in the coming year. We firmly believe that the globally competitive corporate tax rate is the most important piece of our current tax law and has led to economic growth and unprecedented investment in communities, jobs and small businesses.

“The current rate of 21% has led to an increase in productivity and real wages. U.S. companies are contributing more in federal taxes at the 21% rate than ever before, showing that a lower, not higher, tax rate can raise more revenue.”

Background: RATE Coalition members employ more than 53 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.

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