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December 02. 2017

Alliance for Competitive Taxation Commends U.S. Senate for Passing the Tax Cuts and Jobs Act

WASHINGTON – The Alliance for Competitive Taxation (ACT), a coalition of leading American businesses that employ millions of American workers, issued the following statement on Senate passage of the Tax Cuts and Jobs Act: “The passage of the Tax Cuts and Jobs Act by the U.S. Senate is a historic step towards modernizing our outdated corporate tax code. Pro-growth tax reform will create Read more »

December 01. 2017

ACT Tax Facts: A 20% U.S. Corporate Tax Rate is Vital to Global Competitiveness

Some have suggested a 22 percent corporate tax rate would allow the United States to compete for corporate headquarters, investment, and jobs in today’s global economy because it is below the 23.8 percent average corporate tax rate of other OECD countries. This comparison ignores the fact that, in addition to the taxes they pay the federal government, U.S. companies pay an average 6 Read more »