Business Roundtable President John Engler issued a statement following the U.S. Treasury action regarding inversions and President Obama's remarks.
Business Roundtable President John Engler issued a statement following the U.S. Treasury action regarding inversions and President Obama's remarks.
Business Roundtable supports the Ways and Means Committee’s efforts to address our broken tax system, and we look forward to working with them in a constructive way.
The President’s FY 2017 budget continues to demonstrate the bipartisan support for a more competitive corporate tax rate. American workers bear as much as 75 percent of the corporate tax rate today through lower wages.
Congress worked across party lines to put American families and the U.S. economy first. Fiscal instability and uncertainty in the tax code have stifled investment for years; workers and wages have suffered.
The importance of this agreement, which includes permanent tax extenders, cannot be overstated. We strongly urge immediate action on this package.