News

March 01. 2017

Alliance for Competitive Taxation Issues Statement on President Trump’s Address to Joint Session of Congress

WASHINGTON – The Alliance for Competitive Taxation (ACT), a coalition of leading American businesses that employ millions of American workers, issued the following statement after President Trump addressed a joint session of Congress. “Common-sense tax reform is long overdue. The current corporate tax code hurts American workers and puts U.S. businesses at a competitive disadvantage […]

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January 26. 2017

Coalition of Leading American Businesses Expresses Support for House Republican Tax Reform Blueprint

WASHINGTON – The Alliance for Competitive Taxation (ACT), a coalition of leading American businesses that employ millions of American workers, issued the statement below regarding business tax reform: “As the Trump Administration and Congress seek to enact policies to drive economic growth and job creation, we are encouraged that creating a pro-growth tax code for […]

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November 09. 2016

Alliance for Competitive Taxation Statement on the Election of Donald Trump to serve as the President of the United States

WASHINGTON – The Alliance for Competitive Taxation (ACT), a coalition of more than 40 American businesses that employ millions of American workers, issued the statement below following the election of Donald Trump as President of the United States: “The Alliance for Competitive Taxation congratulates Donald Trump on being elected the next President of the United […]

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October 24. 2016

ACT Tax Facts: It’s the 30th Birthday of the U.S. Tax Code and The World Is a Very Different Place Today

October 22nd marked the 30th anniversary of the 1986 Tax Reform Act, but the world is a very different place today than it was when the United States last undertook tax reform. Like cassette tapes and fanny packs, the tax code is outdated and out of style. In light of the 30th anniversary of the […]

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October 07. 2016

ACT Tax Facts: To Fix the International Tax System, Harmonizing with the Rest of the World is the Answer, Not Repealing Deferral

“Unfortunately, as the importance of success in foreign markets has grown, the United States has become less competitive abroad because of its worldwide system of international taxation.” – Senators Rob Portman and Charles Schumer on the need to fix our international tax system July 2, 2015 There is widespread, bipartisan agreement that our system of […]

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September 27. 2016

ACT Tax Facts: Whether it’s the Effective Rate or the Statutory Rate, U.S. Businesses Face an Uncompetitive Tax Rate

It is a simple, well-known fact: The 35-percent U.S. corporate tax rate is the highest in the developed world and, adding in state taxes, is 14.7 percentage points above the unweighted average of the other 34 OECD member countries, including Japan, the UK, France, Germany, and Canada. A lesser known fact is that the effective […]

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February 09. 2016

ACT Responds to President Obama’s Fiscal Year 2017 Budget

Washington, D.C. – Today, the Alliance for Competitive Taxation (ACT) issued the following statement regarding the budget that was released today by the Administration: “We appreciate that the White House is keeping business tax reform on the agenda. It is critical that we fix our broken tax system in a way that aligns the tax rate […]

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July 08. 2015

ACT Responds to Senate Finance Committee International Tax Reform Working Group

We thank Senator Portman and Senator Schumer for their commitment to addressing our outdated system of international taxation

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July 07. 2015

ACT Tax Facts: The Administration’s Proposed Minimum Tax on US-Headquartered Companies

Learn about the administration’s proposed minimum tax on US-headquartered companies

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June 24. 2015

ACT: Repatriation To Pay for Infrastructure Would Impede Progress Towards Tax Reform

ACT statement on the taxation of the repatriation of foreign earnings as a funding mechanism for a multi-year highway bill

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