The National Restaurant Association has joined the Coalition for Fair Effective Tax Rates, a new group that advocates for tax reform through fair, effective tax rates that businesses pay.
“In order to spur job creation and economic growth throughout the economy and the restaurant industry, there needs to be a focus on an equal treatment of businesses under the tax code,” said Scott DeFife, the NRA’s executive vice president of policy and government affairs. “By eliminating unwarranted tax preferences, lawmakers would have the opportunity to lower both corporate and individual tax rates and promote more…> Read more
A new coalition wants Congress to lower effective tax rates for both small and large businesses — a strategy that aims to combine the political clout of two groups that can at times be at odds .
The group, called the Coalition for Fair Effective Tax Rates, is led by Dan Danner, the president of the National Federation of Independent Business, which represents thousands of small businesses, and Bill Hughes, senior vice president of the Retail Industry Leaders Association, whose members include companies like Target Corp. TGT +0.33% and Home Depot Inc….> Read more