December 19, 2017

, , , , , ,

Tax Reform Will Make America More Competitive

The tax bill will help make American businesses of all sizes more competitive, add more jobs, and increase wages and includes meaningful reforms that will help make America more economically competitive and increase opportunity for individuals and families.

Tax Reform Will Make America More Competitive
Share This

Tax Reform Will Make America More Competitive

 

WASHINGTON – The Financial Services Roundtable (FSR) released the following statement after House passage of tax reform legislation and in anticipation of the Senate vote and final enactment:

“The tax bill will help make American businesses of all sizes more competitive, add more jobs, and increase wages,” said FSR CEO Tim Pawlenty.

With a near 35% rate, the U.S. has one of the highest corporate tax rates in the industrialized world. This bill includes meaningful tax reforms that will help make America more economically competitive and increase opportunity for individuals and families.

FSR has been at the forefront of tax reform advocacy. FSR CEO Pawlenty outlined the importance of business and individual tax reform at a POLITICO Playbook Interview event and 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.

 

###

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