Tax Group Tries to Align Big, Small Businesses

By Siobhan Hughes, The Wall Street Journal Washington Wire

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. HD +0.31% Its formula relies on focusing on the tax rate that companies end up paying after credits and deductions are factored in.