Tax Reform Coalition Commends Tax-Writing Chairmen in Philadelphia

The Coalition for Fair Effective Tax Rates released the following statement about the visit of Sen. Max Baucus and Rep. Dave Camp to Philadelphia-area businesses on July 29:

“Both large and small businesses support comprehensive tax reform and the efforts of Chairman Baucus and Chairman Camp to pass it in Congress. The Coalition for Fair Effective Tax Rates represents small businesses like the two that the lawmakers visited today, and big businesses as well. Together, we back the chairmen in their effort to eliminate tax preferences and reduce both individual and corporate tax rates, as well as simplify the tax code. We urge lawmakers to judge tax reform through the lens of effective tax rates, the amount in taxes that businesses actually pay. Fixing the broken tax system should be an urgent priority, and we commend the lawmakers for campaigning outside of Washington to hear first hand from businesses about this important issue. We look forward to working with Chairman Baucus and Chairman Camp to ensure that American businesses like the ones they visited in the Philadelphia, Pennsylvania area today are treated fairly under tax reform so they can better compete in the national and global marketplaces.”

The Coalition for Fair Effective Tax Rates is a diverse group representing more than 1,000,000 businesses, both large and small, whose mission is to educate Congress and key stakeholders that tax reform should be viewed through the lens of effective tax rates, the amount of taxes businesses actually pay. The Coalition intends to use the metric of effective tax rates to bolster the case for comprehensive tax reform that broadens the tax base while lowering tax rates for corporations and pass through businesses that pay taxes using individual tax rates.

Visit the coalition’s website: http://www.FairEffectiveTaxRates.com

Follow the coalition on Twitter, @EffectiveRate, and on Facebook.

Contact: Jeffrey Birnbaum, 202-661-6367, jbirnbaum@bgrpr.com

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