Newsroom

Tax Coalition Urges House Tax Reform Working Group to Endorse Comprehensive Reform for Big & Small Businesses

For Immediate Release:

 

WASHINGTON, D.C., June 9, 2016 – The below letter was sent to the House Tax Reform Working Group urging it to embrace comprehensive tax reform and judge reform through the lens of effective tax rates.

 

 

 

 

June 8, 2016

 

Dear Members of the House Tax Reform Working Group:

 

The Coalition for Fair Effective Tax Rates commends your review of the imbalances in the current U.S. tax code. We believe your analysis is a vital step in the much-needed process of reforming the federal income tax code. We are eager to work with you to achieve this important goal and urge you…

> Read more

Tax Coalition Urges House Ways and Means Tax Policy Subcommittee to Embrace Comprehensive Reform

Tax Coalition Urges House Ways and Means Tax Policy Subcommittee to Embrace Comprehensive Reform

 

For Immediate Release:

 

WASHINGTON, D.C., May 24, 2016 – The below letter was sent to the members of the House Ways and Means Tax Policy Subcommittee urging them to pass comprehensive tax reform.

 

May 24, 2016

 

Dear Members of the House Ways and Means Tax Policy Subcommittee:

 

The Coalition for Fair Effective Tax Rates congratulates you for holding this week’s hearing about Perspectives on the Need for Tax Reform. We are eager to work with you to overhaul the U.S. Tax Code. As you collect views on this important topic,…

> Read more

Different Industries Pay Vastly Disparate Amounts of Federal Tax

The table below shows the amount industries actually paid in federal corporate taxes from 2007 to 2010. The average federal tax rate for U.S. corporations was 23 percent. But there was significant variation by industry — from a low of a 14.5 percent for utilities to a high 30.3 percent for construction.

Tax1

> Read more

Chairman Brady: Tax Reform “Inevitable”

April 12, 2016

CNBC

By John Harwood

Kevin Brady, a congenial Republican from suburban Houston, wanted to take over the powerful House Ways and Means Committee after previous chairman Dave Camp retired in 2014. But he lost out to the fastest-rising Republican star of all — 2012 vice presidential nominee Paul Ryan.

Then political lightning struck. House Speaker John Boehner, frustrated by his fractious Republican caucus, decided to quit Congress last fall. Colleagues implored Ryan to take the speakership. Though he’d been eager to tackle the issue of tax reform under the committee’s jurisdiction, Ryan reluctantly agreed.

That cleared the way for Brady…

> Read more

Many U.S. corporations pay little in federal income taxes: report

April 13, 2016

Yahoo!

By Alana Wise

At least two-thirds of all active U.S. corporations paid nothing in federal income taxes during the 2006-12 period, despite an income-dependent statutory tax rate of 15 percent to 35 percent, the Government Accountability Office said in a recent report.

Among large, profitable entities, 19.5 percent paid nothing in federal income taxes in 2012, said the report, which came at the…

> Read more

Hanna: Brady can set real tax reform in motion

Dec. 31, 2015

The Houston Chronicle

By Colin Hanna

The House Ways and Means Committee has just completed an unexpected transition in its leadership from Paul Ryan to new chairman Kevin Brady, a Republican from The Woodlands – a transition that bodes well for the prospect of serious tax reform. Brady recently released his vision for the committee, which focuses on pro-growth policies. One of those important pro-growth policies is tax reform.

Brady said, “America needs a simpler, fairer, flatter tax code that’s built for growth – the growth of our family’s paychecks, the growth of our local businesses, and the economic…

> Read more

Tax Coalition Sends Tax Day Letter to Tax-Writing Chairmen Urging Comprehensive Tax Reform

WASHINGTON, D.C., April 15, 2015 –The below letter was sent today, on tax day, to Chairman Orrin Hatch of the Senate Finance Committee and Chairman Paul Ryan of the House Ways and Means Committee by the Coalition for Fair Effective Tax Rates.

April 15, 2015

The Honorable Orrin Hatch                                        The Honorable Paul Ryan
Chairman, Committee on Finance                              Chairman, Committee on Ways & Means
United States Senate                                                  U.S. House of Representatives
Washington, DC  20510                                             Washington, DC  20515

Dear Chairman Hatch and Chairman Ryan:

We were disappointed and very surprised to learn from press reports on Monday about a letter received later in the day by individual members of…

> Read more

Tax Coalition Urges Senate Finance Committee’s Working Groups to Push Comprehensive Reform

For Immediate Release:

WASHINGTON, D.C., March 9, 2015 – The below letter was sent today to the  Chairmen of the Senate Finance Committee’s individual income tax and business income tax working groups The letter urges them to draft and pass comprehensive revenue-neutral tax reform this year.

 

March 9, 2015

Dear Sens. Thune, Cardin, Grassley, Enzi and Stabenow:

The Coalition for Fair Effective Tax Rates is eager to work with you on tax reform. As your working groups begin meeting to discuss potential legislation, we urge you to place comprehensive, revenue-neutral tax reform among your top priorities. America needs to fix its…

> Read more

Tax Coalition Urges Tax-Writing Chairmen to Support Comprehensive Reform Legislation

WASHINGTON, D.C., January 15, 2015 – The below letter was sent today to Chairman Orrin Hatch of the Senate Finance Committee and Chairman Paul Ryan of the House Ways and Means Committee by the Coalition for Fair Effective Tax Rates. The letter urges the Congress’ top tax writers to draft and pass comprehensive revenue-neutral tax reform this year.

 

January 15, 2015

Dear Sen. Hatch and Rep. Ryan:

Congratulations to you both on your appointments to head Congress’ tax-writing committees. We at the Coalition for Fair Effective Tax Rates pledge to work with you whenever we can. In particular, we urge you to…

> Read more

Tax Coalition Urges President Obama to Embrace Comprehensive Reform

 

WASHINGTON, D.C., January 15, 2015 – The below letter was sent today to the White House by the Coalition for Fair Effective Tax Rates. The letter urges President Obama to include comprehensive revenue-neutral tax reform as a top priority in his State of the Union Address on January 20.

 

January 15, 2015

Dear Mr. President:

For your State of the Union address next week, we urge you to make comprehensive, revenue-neutral tax reform one of your top priorities this year. The U.S. needs to overhaul its convoluted tax code to grow the economy and create American jobs.

We believe – and…

> Read more