Tax Reform

The U.S. tax code is quite simply anti-competitive and anti-growth.

For example, America has the highest business tax rate in the developed world. This encourages businesses to expand anywhere but here. And thanks to a system of unnecessary carve outs, credits and tax subsidies, the U.S. tax code encourages companies to spend resources looking for special loopholes and benefits, rather than investing in and growing their businesses.

It’s little wonder high tax rates and high compliance costs are now the number one economic concern for small businesses.

Meanwhile, individuals and families are forced to deal with an incomprehensible tax code that costs time and money to navigate. Tax preparation costs more than $230 billion each year.

Ultimately, the broken tax code limits opportunities for Americans who want nothing more than to achieve success. Elected leaders need to pass tax reform that ends distortive tax credits, simplifies compliance and dramatically lowers individual and business tax rates—giving more people a better shot at a brighter and more secure future.


May 30, 2018

2018 Q1: Economy Grew At A 2.2 Percent Rate; Business Investment Growth Largest Since 2014

This morning, the U.S. Department of Commerce released its second estimate of gross domestic product (GDP) for the first quarter of 2018, announcing that the U.S. economy expanded at an…

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May 16, 2018

Tax Reform is Working: Growing Our Economy & Creating Jobs

This morning, lawmakers on the House Ways and Means Committee are scheduled to review their early impressions of the new Tax Cuts and Jobs Act. As they begin their hearing, it’s…

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Apr 27, 2018

2018 Q1: Economy Grew At A 2.3 Percent Rate; Strongest 9-Month Growth In A Decade

This morning, the U.S. Department of Commerce released its first estimate of gross domestic product (GDP) for the first quarter of 2018, announcing that the U.S. economy expanded at an…

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Apr 24, 2018

Tax Reform is Working for Middle-Class Americans

Today, the Senate Committee on Finance is scheduled to review their early impressions on the new Tax Cuts and Jobs Act. As they begin their hearing this afternoon, it’s worth reflecting…

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Apr 17, 2018

Tax Day Marks Arrival of Historic Tax Relief

Tax season is often associated with stress and financial pressure for millions of American households. This year, though, there is some encouraging news. Today marks the last time Americans will file their…

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Apr 05, 2018

Freedom Partners, Free Market Groups “urge Supreme Court to keep online sales tax limits”

Led by the National Taxpayers Union Foundation, Freedom Partners yesterday joined with Americans for Prosperity and other free market groups to jointly file an amicus brief in South Dakota v. Wayfair – a…

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Mar 14, 2018

Defend Historic Tax Reform by Rejecting Corporate Welfare in All Forms, Starting with Tax Extenders

In an article entitled “Special interest groups to defend favorite tax breaks,” the Washington Examiner writes that “[r]epresentatives from a wide range of industries are set to appear before a House…

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Mar 14, 2018

Senators Cruz and Daines Oppose New Sales Taxes, Defend Historic Tax Reform Benefitting Millions of Americans

Arlington, VA — With a movement underway to attach online sales tax legislation to an upcoming spending bill that would fund the government through this September, Senators Ted Cruz (R-TX) and Steve…

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Mar 01, 2018

CarMax, TJ Maxx, Mastercard & Kraft Heinz Announce Major Employee Investments Credited to Tax Reform

The historic Tax Cuts and Jobs Act lowered rates across the board, cutting taxes at every income bracket and providing greater opportunity and financial security for hardworking Americans long-struggling to get…

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Feb 27, 2018

MEMO | “Not One Penny” In Tax Relief

The organization “Not One Penny” released a messaging memo intended to give Democrat lawmakers a roadmap to explain their opposition to tax reform, but instead shows the weakness of their arguments. The…

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