For Immediate Release Contact: Dan [email protected] WASHINGTON, D.C. – The RATE Coalition released the following statement in response to President Biden’s call for an increase in America’s federal corporate tax rate. “Economic research shows that raising the federal corporate tax rate is the most economically damaging tax increase, leading to significant reductions in employment and incomes. […]
Tag: Press Release
Sen. Lincoln Urges Ways & Means Members to Oppose Corporate Rate Hike
Former United States Senator Blanche Lincoln (D-AR) today submitted testimony for the record of the U.S. House Ways and Means Committee’s “Field Hearing on the State of the American Economy: The South” in support of a pro-growth, globally competitive corporate tax regime. […]
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. […]
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. […]
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%. […]
RATE Coalition Statement on August Jobs Report
The RATE Coalition, whose members and affiliates employ more than 53 million American workers in all 50 states, released the following statement regarding the August jobs report […]