Aug 04, 2017

Sen. Brown’s Long Record of Calling for Tax Reform

Post by Freedom Partners

Our outdated tax code puts American businesses at a disadvantage in today’s global economy. The corporate tax rate is wildly out of step with the global average rate, and our complicated tax code makes it time-consuming and expensive for businesses to comply.

The trouble doesn’t stop there. Our tax code is packed with special interest loopholes and carve outs that benefit the wealthy and well-connected at the expense of everyday Americans. In fact, more than 70 percent of Americans think the economy is rigged in favor of the rich and powerful.

It’s time to un-rig the economy and implement comprehensive tax reform that creates a simplified, more efficient, equitable and predictable tax code – without placing new burdens on taxpayers.

Few lawmakers have made this argument better over the years than Ohio Senator Sherrod Brown.

“People on both sides of the aisle acknowledge that our international corporate tax system is broken,” Brown said in 2016.

Brown said in 2013 that closing loopholes in the tax code will allow Congress to lower the corporate tax rate and “level the playing field” for American businesses.

“Corporate tax reform is necessary to ensure the American economy is the most desirable place in the world for U.S. based companies to invest,” Brown said.

For the first time in 30 years, Brown and his fellow lawmakers can implement the kind of tax reform he’s been advocating. If Brown thinks we need to close loopholes and lower corporate tax rates, now’s his chance.

Click here to learn more about our tax reform plan.

Freedom Partners is highlighting remarks from key senators who have – in their own words – long-advocated for overhauling the U.S. Tax code to grow the economy, lower tax rates, close loopholes and special interest tax breaks, and encourage American businesses to compete globally.

Manchin | Donnelly | Heitkamp