Business Roundtable Letter Supporting House Tax Reform Bill

Dear Member of the United States House of Representatives:

Business Roundtable urges you to vote in favor of H.R. 1, Tax Cuts and Jobs Act.

This is a once-in-a-generation opportunity to reform the nation’s tax system to strengthen economic growth, increase wages and create more jobs for American workers. Passage of H.R. 1 is a critical step in enacting comprehensive tax reform.

According to a recent Business Roundtable survey, our member CEOs believe that tax reform is the single most effective action that Congress could take to accelerate economic growth. Seventy-six percent of the CEOs said that they would increase hiring at their company if tax reform is enacted, adding to the more than 16 million workers already employed today by Business Roundtable companies. Eighty-two percent of CEOs said they would increase capital spending, on top of the more than $440 billion in purchases from small and medium-sized U.S. businesses that already supply our member companies.

H.R. 1 represents an extraordinary opportunity to achieve pro-growth tax reform that will allow American companies and their workers to better compete in the global economy. Business Roundtable will continue to work with the House and Senate to improve specific provisions that will help U.S. companies invest capital, hire workers and increase wages.

Your support of H.R. 1 is a vote in support of American families and American workers. Business Roundtable asks for your support to ensure that pro-growth tax reform is enacted as soon as possible.

Sincerely,

Joshua Bolten