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Business Leaders Welcome Budget and Tax Agreements

Washington – Global Chairman and CEO of EY and Chair of the Business Roundtable Tax and Fiscal Policy Committee, Mark Weinberger, issued the following statement today commending Congress for passing bipartisan legislation to fund federal government operations and to address expired tax provisions:

“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. By taking steps to address these long-standing problems, Congress will provide a boost to economic growth, innovation, and job creation.

“Making permanent and extending key tax provisions is a major achievement that will provide certainty for business decisions, and also serve as a bridge to comprehensive tax reform. Modernizing our outdated tax system is the ultimate solution for making the United States more attractive for business investment and job creation.

“We encourage Congress and the Administration to build on these successes to move toward pro-growth tax reform that will modernize the code and position the U.S. economy to win in the global marketplace.”

In December, Mark Weinberger sent letters to the Administration and Congress calling for action on the more than 50 expired tax provisions. Learn more about the Business Roundtable positions on tax and fiscal policy here and its 2015 growth agenda here.
 

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