Tax Facts

April 15. 2016

ACT Tax Facts: U.S. avoided having world’s highest corporate tax rate in 2015, thanks to Guyana

U.S. had the second highest corporate tax rate in the world in 2015 Among its peer group of 34 advanced economies that are members of the Organization for Economic Cooperation and Development (OECD), it is frequently mentioned that the U.S. combined federal and state statutory corporate tax rate of 39 percent is the highest – […]

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May 08. 2015

Chairman Dave Camp on the Prospects and Need for Tax Reform

Read excerpts from Chairman Camp’s speech at the 2015 ABA Section of Taxation May Meeting.

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March 02. 2015

Laura Tyson: Competing on Corporate Tax

Read the op-ed in Project Syndicate

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January 23. 2015

Experts: Tax Reform Would Improve Economic Growth

Economists and policymakers from across the political spectrum all agree: tax reform would enhance job creation, increase wages, and lead to higher, sustained economic growth.

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September 30. 2014

Momentum for Business Tax Reform Gaining Steam

Former President Clinton and leading national editorial boards call for tax reform.

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July 28. 2014

ACT Company Spotlight: Emerson and the U.S. Tax Code

“At Emerson, the St. Louis-based manufacturing and technology company where I retired last year as vice chairman, the business has seen and experienced the deleterious effects of the U.S. tax code firsthand.”

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May 02. 2014

Editorial Boards, Economic Experts Call for Renewed Tax Reform Effort

May 2, 2014 – As the deficiencies of the U.S. tax code continue to make headlines, a growing chorus has emerged to call on U.S. lawmakers to reform our outdated, anti-competitive tax system.

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April 30. 2014

Economic Experts Agree: U.S. Tax Code Encourages Companies to Relocate Abroad

April 30, 2014 – Last week, two former Administration officials weighed in on the need to update our tax code so it discourages businesses from relocating overseas for tax purposes.

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April 17. 2014

U.S. Tax Code Complexity Hurts American Businesses, Workers, and Taxpayers

April 17, 2014 – Our tax code causes problems due to frequent revisions and changes, the problems inherent with our current system of taxation, and the costs of compliance imposed on American taxpayers and businesses as a result.

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March 27. 2014

ACT Tax Facts: U.S. Tax Code Encourages Foreign Takeovers of U.S. Companies

One consequence of today’s noncompetitive tax system is that it encourages foreign acquisitions of U.S. companies, causing headquarters jobs that should be here in America to move overseas.

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