To increase the pace of economic growth and increase job opportunities, American businesses must have the confidence to invest and hire. The Tax and Fiscal Policy Committee is focused on advocating tax and budget policies that promote U.S. competitiveness, economic growth and job creation. Specifically, this Committee advocates both fundamental reform of the U.S. tax law that reduces corporate tax rates while adopting a competitive territorial system like most of the rest of the world and a reduction in the growth of federal spending to stabilize federal debt and achieve long-term fiscal stability.
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Chairman, President and CEO,
Procter & Gamble Company
Vice Chair and Committee Chair, Business Roundtable
Changes in tax policy and government spending should create the proper conditions for more robust job creation in the private sector, increased capital formation, higher exports and greater competitiveness in foreign markets. Conversely, uncertainty surrounding unsustainable federal deficits and excessive taxation restrict our ability to innovate, compete and hire.
In particular, Business Roundtable wants to work with Congress and the Administration on the following matters: