November 2, 2017

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House Bill Sets in Motion Pro-Growth Tax Reform

As the legislative process moves forward, we are committed to working with policymakers to push a simpler, fairer and more modern tax code over the finish line.

House Bill Sets in Motion Pro-Growth Tax Reform
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House Bill Sets in Motion Pro-Growth Tax Reform

FSR reviewing tax proposal outlined today

 

WASHINGTON – The Financial Services Roundtable (FSR) today called the House tax reform bill an important step to enacting a tax code that is simpler, fairer, and creates greater opportunity for more Americans.

“Meaningful tax reform will unleash needed economic growth and benefit more Americans,” said FSR CEO Tim Pawlenty. “As the legislative process moves forward, we are committed to working with policymakers to push a simpler, fairer and more modern tax code over the finish line.”

FSR is reviewing the details of the proposal outlined today to ensure it meets the needs of businesses and consumers to grow the economy.

FSR supports tax reform to increase economic opportunity, create more good-paying jobs, and incentivizes workers to save for their retirement years.  As policymakers consider refinements to the House bill, FSR supports efforts to help more individuals, families, and employers to access the financial products and services that will help them to grow their economic footprint and achieve their goals.

FSR has been at the forefront of tax reform advocacy. Recently, FSR CEO Pawlenty outlined the importance of business and individual tax reform in an op-ed for the Hill. A recent FSR/Morning Consult poll showed three in four voters (73%) say passing a tax reform bill should be a top or important priority for Congress and nearly nine in ten (87%) say it’s important to simplify the U.S. tax system. View more poll highlights here.

 

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About The Author

The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

Follow @FSR