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.

Feb 07, 2018

Budget ‘Deal’ Riddled with Overspending & Corporate Welfare is a Betrayal of American Taxpayers, Would Be Massive Failure After Historic Tax Reform

Arlington, VA — Americans for Prosperity, Freedom Partners Chamber of Commerce, The LIBRE Initiative, Generation Opportunity and Concerned Veterans for American today issued a letter to congressional leaders announcing their opposition to a…

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Feb 06, 2018

Congress Should Continue to Resist Efforts to Undermine Historic Tax Reform by Adding Corporate Welfare to Government Spending Bill

Expired Tax Carve Outs for Special Interests Threaten Simpler, Fairer & More Competitive Tax Code Arlington, VA — As Congress debates the details of must-pass spending legislation this week, Freedom Partners Chamber…

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Feb 05, 2018

Tax Reform Keeps Working: Lowe’s, Hostess Brands, Cigna, UPS & Best Buy Reward Workers – Exxon to Invest Additional $35 Billion in U.S.

The Department of Labor issued a report last week announcing historically low unemployment levels helping to fuel some of the highest worker wages in nearly a decade. But these figures only account…

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Feb 05, 2018

VIDEO | It’s Working in Ohio: Higher Wages, More Jobs, Greater Opportunity

“We’re going to cut taxes for the middle class, make the tax code simpler and more fair for everyday Americans, and we are going to bring back the jobs and wealth…

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