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July 31. 2013

ACT Advisor, Dr. Laura Tyson, Calls For Tax Reform at Congressional Economic Committee Hearing

ACT Advisor, Dr. Laura Tyson, Calls For Tax Reform at Congressional Economic Committee Hearing Expert Tells Congress Reform Would Create Jobs, Boost Competitiveness and Grow our Economy WASHINGTON, D.C. – Today, Dr. Laura Tyson, an economic advisor to the Alliance for Competitive Taxation (ACT) and former Chair of the Council of Economic Advisers under President Clinton, testified at a Joint Read more »

July 31. 2013

Dr. Laura Tyson’s Testimony before the Joint Economic Committee

Testimony of Dr. Laura D'Andrea Tyson Professor, Business Administration and Economics Haas School of Business, University of California U.S. Congress Joint Economic Committee Hearing on "Lessons from Reagan: How Tax Reform Can Boost Economic Growth" July 31, 2013 Chairman Brady and Vice Chair Klobuchar, thank you for the opportunity today to address the issue of tax reform and specifically Read more »

July 30. 2013

ACT Statement on President Obama’s Comments on Tax Reform

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the statement below regarding President Obama’s speech on tax reform: "President Obama's speech today, along with the hard work of Chairmen Baucus and Camp, is another clear sign of growing momentum behind reforming America's outdated tax system to boost our economy and create jobs. Our current tax code is hurting Read more »

July 29. 2013

ACT Statement on Baucus-Camp Tour Stop in Philadelphia and Lawrenceville

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the following statement regarding Senate Finance Committee Chairman Max Baucus (D-MT) and House Ways and Means Committee Chairman Dave Camp’s (R-MI) Simpler Taxes for America Tour stops in Philadelphia, PA and Lawrenceville, NJ: "Chairman Baucus and Chairman Camp’s bipartisan tour is another sign of growing Read more »

July 26. 2013

Tax Reform Roundup: Momentum Building Behind Tax Reform

Tax Reform Roundup: Momentum Building Behind Tax Reform Below are excerpts from this week’s news demonstrating growing momentum to reform America’s tax system so it’s simpler and fairer: USA Today Editorial: Simplify tax code with blank slate: “For the first time since 1986, key members of Congress are making a coordinated push to overhaul the nation's disgracefully complex tax Read more »

July 24. 2013

ACT Submits Letter to Chairman Baucus and Ranking Member Hatch Outlining Tax Reform Goals

Today, the Alliance for Competitive Taxation (ACT), a coalition of leading American businesses, sent a letter to Senate Finance Committee Chairman Baucus and Ranking Member Hatch applauding their efforts to reform our nation’s outdated tax code. In the letter, ACT restated our commitment to tax reform that "lowers the corporate tax rate to 25 percent and establishes a modern hybrid Read more »

July 11. 2013

What’s Wrong With America’s Tax System – And How Reform Can Help

In 1988, the U.S. corporate tax rate (federal plus average state) was 38.6 percent, almost six percentage points lower than the average for other developed countries (44.3 percent for other OECD member countries). In the quarter century since then, other developed countries have steadily lowered their rates, turning the tables on what was once an American strength. Today, America’s 39.1 percent Read more »

July 08. 2013

ACT Statement on Camp-Baucus “Simpler Taxes for America Tour”

Washington, D.C. - Today, the Alliance for Competitive Taxation (ACT) issued the following statement regarding Senate Finance Committee Chairman Max Baucus (D-MT) and House Ways and Means Committee Chairman Dave Camp’s (R-MI) Simpler Taxes for America Tour stop in Minneapolis-St. Paul: "ACT applauds Chairman Baucus and Chairman Camp for getting out of Washington and meeting with businesses Read more »

July 03. 2013

American Exceptionalism of a Different Kind: Why the U.S. Needs to Modernize its International Tax System

This week, Americans are gathering to mark the anniversary of our nation’s independence and to celebrate the special country we call home. The uniqueness of the U.S. is often a source of pride. Unfortunately, in one arena we stand virtually alone, and our isolated position is causing our workers and businesses to fall behind those in other developed nations. Despite an overwhelming amount of Read more »