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U.S. Corporations Pay 35% – A new study shows America’s competitive tax disadvantage.

Wall Street Journal
Review & Outlook
Oct. 27, 2013

Our readers know that the statutory U.S. corporate tax rate of 35% (plus another 4.1% average state rate) is the highest among developed nations. Yet the myth persists that most American companies somehow pay little or no tax. Now comes a new study showing that the tax burden is as punitive as advertised.

The tax evasion fable got new legs in July when the Government Accountability Office released a study concluding that the effective U.S. corporate tax rate is only 12.6%. The effective rate is what corporations actually pay after deductions and…

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Politico Influence: Tax Rate Coalition Nudges Congress on Reform

By Byron Tau, Politico Influence
October 16, 2013

The government may be shut down but the Coalition for Fair Effective Tax Rates is looking past the current fiscal debacle. The coalition sent a letter Tuesday to House Ways and Means Committee and Senate Finance Committee members and staff urging action on full-scale comprehensive tax reform. “There is no question; the federal tax code is broken. Businesses of all kinds and sizes agree, what’s needed is revenue-neutral tax reform that simplifies the code by lowering individual and corporate rates and limiting or eliminating certain tax preferences,” the coalition writes in…

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Politico First Look: Effective Tax Rates Group Urges Comprehensive Reform

By Lauren French, Politico Morning Tax

The ongoing effort to reform the nation’s tax code has taken a backseat to the government shutdown and debt ceiling crisis currently occupying Congress’ attention, but a coalition of advocacy groups focused on lowering effective tax rates — the rate corporations and individuals actually pay — sent a letter to lawmakers urging them to continue on with reform efforts. The letter from The Coalition for Fair Effective Tax Rates reiterated the group’s stance that tax reform can only be equitable if the tax burden is based on taxes paid rather than the sticker-price…

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Tax Reform Coalition Sends Letter to Committee Members

For Immediate Release:

The below letter urging passage of comprehensive of tax reform was sent to the members of the congressional tax-writing committees by the Coalition for Fair Effective Tax Rates.

October 15, 2013

Dear Members of the House Ways and Means Committee and Senate Finance Committee:

There is no question; the federal tax code is broken. Businesses of all kinds and sizes agree, what’s needed is revenue-neutral tax reform that simplifies the code by lowering individual and corporate rates and limiting or eliminating certain tax preferences.

House Ways and Means Committee Chairman Camp and Senate Finance Committee Chairman Baucus are working…

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Joint Press Conference with the Coalition for Fair Effective Tax Rates and RATE Coalition

Thursday, September 19, 2013, Cannon House Office Building

 

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Big and Small Business Coalitions Unite on Comprehensive Tax Reform

Donna Puglisi of Associated Builders and Contractors, Inc., a founding member of the Coalition for Fair Effective Tax Rates, released the following statement on September 25, 2013:

The Coalition for Fair Effective Tax Rates and the Reforming America’s Taxes Equitably (RATE) Coalition held a joint press conference Sept. 19 to support comprehensive tax reform that would lower both individual and corporate rates and eliminate distorting tax preferences.

The RATE Coalition, which represents large corporations, and the Coalition for Fair Effective Tax Rates, representing mostly small businesses and large retailers, expressed support for the efforts of Sen. Max Baucus (D-Mon.)…

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Coalitions offer united front on tax reform

Originally Published by Bernie Becker, The Hill, September 19, 2013

A pair of tax reform coalitions offered a united front on Thursday, coming together to press the case for a top-to-bottom overhaul of the code.

Leaders of the RATE Coalition and the Coalition for Fair Effective Tax Rates stressed at a joint Capitol Hill event that both the individual and corporate sides of the code need to be revamped.

The RATE Coalition and other similar groups are made up of corporations, an area where Democrats and Republicans have seemingly found more common ground.

But the effective tax rate coalition, which launched…

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Big biz, small biz join hands in rare unified push for tax reform

Originally published by Kent Hoover, American City Business Journals, September 19, 2013

Tax reform probably isn’t going anywhere this year, but if that train does leave the station, there’s now a better chance that small businesses won’t get left behind.

That’s because the RATE Coalition, a group that represents 32 large corporations, has joined forces with the Coalition for Fair Effective Tax Rates, which primarily represents small businesses and large retailers, to push for comprehensive tax reform. Both groups agree that reforming corporate taxes isn’t enough — the individual income tax code also must be made fairer and simpler.

That’s…

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Printing Industries of America Calls for Congress to Reform Tax Code

Released by the Printing Industries of America:

Washington, D.C., September 19, 2013—Printing Industries of America today issued the following statement regarding a joint press conference between the RATE Coalition and the Coalition for Fair Effective Tax Rates, intended to focus the 113th Congress on passing necessary tax reform legislation.

Printing Industries of America today participated in a joint press conference held by the Reforming America’s Taxes Equitably (RATE) Coalition and the Coalition for Fair Effective Tax Rates (CFETR), collectively representing more than 1,500,000 businesses ranging from corporate rate payers to small mom-and-pop printers paying individual tax rates. The conference…

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Tax-Writing Chairmen Camp and Baucus Praise United Tax Coalitions

The following statement was released by the Committee on Ways and Means on September 19, 2013:

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) and and Senate Finance Committee Chairman Max Baucus (D-MT) issued the following statement praising a joint call by the RATE Coalition and the Coalition for Fair Effective Tax Rates to advance and pass comprehensive tax reform that makes today’s broken tax code simpler and fairer for all job creators.

“Today’s call to action by these two coalitions underscores what job creators across the country have long said: our broken tax code ought to…

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