Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
Tax and fiscal policy have a profound impact on U.S. business investment, economic growth and job creation. Business Roundtable supports competitive, pro-growth tax and fiscal policies to promote economic expansion, level the playing field for U.S. companies competing in global markets and stabilize the federal debt relative to the size of the U.S. economy.
Recent Activities in Tax & Fiscal Policy
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.
For more than 80 years, income tax treaties have played a critical role in fostering U.S. bilateral trade and investment and protecting U.S. businesses, large and small, from double taxation of the income they earn from selling goods and services in foreign markets.
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.