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Coalition for Fair Effective Tax Rates Comments on new framework

Statement on Tax Reform from the Coalition for Fair Effective Tax Rates

 

“The Coalition for Fair Effective Tax Rates commends Republican leaders in Congress and the Trump administration for producing a bold framework for real tax reform. We believe the plan makes major strides toward accomplishing an important goal: Creating a more level playing field for businesses of all sizes across all industry sectors. Lawmakers should continue the process and draft comprehensive tax reform legislation that treats businesses much more equally than the currently unfair system. Businesses should not be subject to vastly different effective tax rates when they earn…

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Congress, fix the broken tax code to strengthen American businesses

By Mark Allen

President Trump has said he wants to “cut the hell out of taxes” and for good reason. U.S. tax rates are among the highest in the world. The Gallup Poll has consistently shown that most Americans believe that federal taxes are too high.

But comprehensive tax reform involves more than simply cutting rates. The overhaul contemplated by the Republicans in charge would both lower rates and eliminate tax benefits. That means lawmakers need a better gauge than rates alone to determine who wins and who loses in whatever legislation they advance.

To be specific, lawmakers should view reform through the lens of effective…

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Statement about the Joint Statement on Tax Reform from the Coalition for Fair Effective Tax Rates

“The Coalition for Fair Effective Tax Rates commends Republican leaders of Congress and the Trump administration for producing a set of principles for tax reform. We hope these concepts will soon be developed into comprehensive tax reform legislation that creates a more level playing field for businesses of all sizes across all industry sectors. We urge policymakers to view tax reform through the lens of effective tax rates, the amount businesses actually pay in taxes expressed as a percentage of income. Businesses should not be subject to vastly different effective tax rates if they earn roughly the same amount…

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Statement for Senate Finance Committee from the Coalition for Fair Effective Tax Rates

The Coalition for Fair Effective Tax Rates appreciates the opportunity to weigh in on the subject of comprehensive tax reform. Our coalition encourages you to pursue comprehensive tax reform and to view its progress through the lens of effective tax rates, the amount that businesses actually pay in taxes expressed as a percentage of their income.

The Coalition for Fair Effective Tax Rates is a diverse group of national, regional and state associations representing more than 1,500,000 businesses, large and small, that support comprehensive tax reform.  Our coalition is bound together by the belief that tax rates should be reduced…

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Statement for House Ways and Means Committee Tax Reform Hearing

Statement for the record by the Coalition for Fair Effective Tax Rates

May 18, 2017

The Coalition for Fair Effective Tax Rates appreciates the opportunity to provide this statement in support of your effort to reform our nation’s tax code. In short, our coalition encourages you to pursue comprehensive tax reform and to view its progress through the lens of effective tax rates, the amount that businesses actually pay in taxes expressed as a percentage of their income.

The Coalition for Fair Effective Tax Rates is a diverse group of national, regional and state associations representing more than 1,500,000 businesses, large and…

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Tax Reform Comment from Coalition for Fair Effective Tax Rates

Effective Tax Rate Coalition Comments on President’s Plan

The Coalition for Fair Effective Tax Rates applauds President Trump for proposing a serious set of principles for tax reform. We hope and expect that these principles will spur Congress to act on this important initiative. As discussions move ahead and the policy evolves, we encourage the President and lawmakers to view reform through the lens of effective tax rates, the amount businesses actually pay in taxes. It is unfair for some industries to pay high effective rates of taxes while others pay little. In addition, we agree with the President that reform should treat businesses equally whether they…

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Tax writers should look at the effective tax rate

BY MARK ALLEN

Republican lawmakers and the Trump administration are determined to forge ahead with tax reform. That’s a good idea. The federal income tax is a jumble that benefits some industries and individuals more than others even when they earn the same amount of money.

The challenge of reform is that it has so many moving parts. To rectify the system’s many inequities, GOP tax writers in Congress and the Treasury Department have embraced a classic solution. They would reduce tax rates and pay for the change by eliminating tax preferences. The combination would be designed to add to zero,…

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The Coalition for Fair Effective Tax Rates Congratulates President-Elect Trump On His Victory

The Coalition for Fair Effective Tax Rates congratulates President-elect Trump on his victory. We look forward to working with him and his team. We urge the president-elect to continue to support cuts in business tax rates. We also urge him to propose income tax changes that would reduce the effective tax rate, the amount that businesses actually pay in taxes, so we can invest in new opportunities for American workers.

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The Coalition for Fair Effective Tax Rates Applauds House GOP’s Comprehensive Tax Plan

WASHINGTON, June 28, 2016 –The following is a statement by the Coalition for Fair Effective Tax Rates about the proposal from the House Republican Task Force on Tax Reform:

 

The Coalition for Fair Effective Tax Rates, comprised of businesses of all sizes, commends House Ways and Means Committee Chairman Kevin Brady (R-Texas) and the rest of the House GOP Task Force on Tax Reform for devising a comprehensive proposal that reduces tax rates for both corporations and businesses that pay taxes on the individual rate system.

The coalition, and its individual members, will analyze/review the proposal in its entirety and looks…

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Coalition for Fair Effective Tax Rates featured in Politico’s Morning Tax

FIRST LOOK: Speaking of which, it’s about that time for outside groups to start sending letters with their own requests for the tax reform task force. The Coalition for Fair Effective Tax Rates, with members like the Retail Industry Leaders Association and the National Association of Wholesaler-Distributors, wants to make sure its central goal isn’t ignored. “True reform should be gauged by lawmakers’ ability to reduce discrepancies between industries in the amounts they actually pay in taxes,” the group wrote to House members. “Lawmakers should work to create a more level playing field for businesses of all sizes across…

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