Rate Coalition Statement on Successful House Budget Markup

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 regarding last Thursday’s House Budget Committee markup:

“The passage of the budget reconciliation resolution last Thursday represents a critical first step in strengthening America’s pro-growth, competitive tax code. The 2017 tax cuts passed by Congress and signed into law by President Trump have been enormously successful in increasing investment, wages, and jobs across the nation.

“Our member companies’ experiences demonstrate that taking America from the highest business tax rate in the world to a more competitive 21% business tax rate is providing the certainty needed to continue creating jobs, growing investment, and creating prosperity here at home.

“The action by the House Budget Committee is a clear signal that Congress intends to build off the success of the Tax Cuts and Jobs Act and provide an environment where American businesses can continue to lead on the global stage.  We look forward to working with Congress in the coming weeks to ensure America remains the best nation in the world to start and grow a business.”

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.

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