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 hard to pass comprehensive tax reform legislation. We urge you, members of the tax-writing committees, to support the chairmen and view comprehensive tax reform through the lens of effective tax rates, the amount that businesses actually pay. This perspective will ensure a fairer, more equitable system for businesses of all sizes and types across the country.
In the current tax system, there are glaring disparities in the effective tax rates certain industries pay. These discrepancies unfairly favor some industries over others and hinder economic growth and job creation. Instead, the tax code should help businesses of all sizes grow without benefiting certain industry activities over others.
Our coalition believes that comprehensive tax reform, viewed through effective tax rates, is the best way to even the playing field among businesses.
We applaud Chairman Camp and Chairman Baucus in their pursuit of comprehensive reform that simplifies the tax code, broadens the tax base, lowers the rates for both corporations and small businesses that pay taxes using individual tax rates and treats businesses more equitably.
Steering Committee, The Coalition for Fair Effective Tax Rates
National Federation of Independent Business, Co-chair
Retail Industry Leaders Association, Co-chair
American Trucking Associations
Associated Builders & Contractors
Associated Equipment Distributors
Associated General Contractors
Automotive Aftermarket Industry Association
Food Marketing Institute
Health Industry Distributors Association
Healthcare Distribution Management Association
Heating, Air-conditioning & Refrigeration Distributors International
Independent Insurance Agents & Brokers of America
International Foodservice Distributors Association
International Franchise Association
International Sanitary Supply Association
Metals Service Center Institute
National Association of Wholesaler-Distributors
National Beer Wholesalers Association
National Community Pharmacists Association
National Electrical Contractors Association
National Grocers Association
National Restaurant Association
North American Equipment Dealers Association
Printing Industries of America
S Corporation Association
Small Business and Entrepreneurship Council
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