June 27. 2013

ACT Statement on Baucus-Hatch “Blank Slate” Approach

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the following statement on Senate Finance Committee Chairman Baucus and Ranking Member Hatch’s effort to gather input from their colleagues on tax reform. “ACT members applaud Chairman Baucus and Ranking Member Hatch’s bipartisan efforts to make our tax system simpler and fairer. We support their 'blank slate' Read more »

June 26. 2013

Modernizing Corporate Taxation

By Laura Tyson BERKELEY – How to tax the income of multinational corporations (MNCs) was an unlikely headline topic at the recent G-8 summit in Ireland. It will be a key agenda item at the upcoming G-20 summit in Russia as well. Given these companies’ significance to national and global economic performance, world leaders’ focus on the arcane intricacies of corporate taxation is easy to Read more »

June 21. 2013

America’s Persistently High Corporate Tax Rate

The U.S. corporate tax rate has remained high - even as other developed countries have lowered their rates. Read more »

June 21. 2013

U.S. has the highest corporate tax rate in the developed world in 2013

At 39.1%, the American corporate tax rate is the highest in the developed world. Read more »

June 13. 2013

ACT Statement on Today’s Ways and Means Hearing on Tax Reform

Washington, D.C. - The Alliance for Competitive Taxation (ACT), a coalition of 42 leading American businesses that employ millions of American workers, issued the following statement regarding today’s House Ways and Means Committee hearing on tax reform: "ACT welcomes the hearing today on an important issue to advancing tax reform. ACT supports comprehensive tax reform that lowers the Read more »

June 07. 2013

ACT Economic Advisors: Jobs Numbers Highlight Need for Tax Reform

Washington, D.C. – Today, Doug Holtz-Eakin and Dr. Laura Tyson, the economic advisors to the Alliance for Competitive Taxation (ACT) issued a joint statement regarding the May employment report: “Today’s employment report shows that, while we have made progress, there’s still more work to do to strengthen our economy and boost job creation—and part of that work should focus on Read more »

June 06. 2013

Myth Buster: High corporate tax rate doesn’t impact economic growth

By: ACT Staff A report surfaced this week making the assertion that corporate taxes don’t affect economic growth. This could not be further from the truth. The fact is - when you tax something, say business investments, it makes it harder to grow and invest, resulting in less economic growth.  But you don’t need to take our word for it – economists, reporters and the activities of our Read more »

June 05. 2013

Wall Street Journal: New Business Group ACT Pushes Tax Overhaul

By John D. McKinnon A group of 42 U.S. companies is announcing a potentially powerful new coalition on Tuesday to push for a comprehensive tax overhaul. The group – representing a broad cross-section of both multinational and domestic-focused big businesses – could give a boost to the slow-moving effort on Capitol Hill. The new group, the Alliance for Competitive Taxation (ACT), is Read more »

June 04. 2013

The Case for Pro-Growth Tax Reform

By: ACT Staff ACT is committed to working with Congress and the Administration on bipartisan comprehensive tax reform that spurs job creation and provides a level playing field for American businesses and workers to compete in today’s global economy. Comprehensive pro-growth tax reform will unleash the power and dynamism of America’s economy to give American workers and American Read more »

June 04. 2013

ACT – What We Stand For

By: ACT Staff Welcome to the Alliance for Competitive Taxation (ACT) website.  This website is a place to learn more about comprehensive tax reform and what it would mean for our economy and our nation’s workers and businesses.  ACT member companies believe it is time to modernize our tax system to encourage economic growth, spur job creation and let American businesses compete in Read more »