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July 26, 2012

Moving Forward on Tax and Fiscal Policy

With the first half of 2012 now behind us, it is becoming increasingly important that Congress take action to address the critical fiscal and tax issues facing our nationRead BRT’s letter urging Congress and the White House to resolve fundamental fiscal and tax issues confronting America here.

Continued inaction in Washington puts the U.S. economy, our businesses and our workers at great risk. As evidence, 78 percent of Business Roundtable CEOs have lowered their projections for sales, capital spending and U.S. hiring over the next six months.

To drive economic growth and reduce unemployment, American businesses must have the confidence to invest and to hire. Changes in tax policy can create the conditions for more robust job creation in the private sector, stronger capital formation, higher exports and increased foreign investments. Without these changes, uncertainty and excessive taxation restrict our ability to innovate, compete and hire.

Through an aggressive, multifaceted campaign, Business Roundtable continues to urge Congress and President Obama to coalesce around a multiyear growth and deficit reduction plan to restore long-term stability to the U.S. economy.

RESOURCES:

Fiscal Cliff Letter to the Administration

Fiscal Cliff Letter to Congress 

Business Roundtable Letter to Senate on S. 3364 (Stabenow Bill)

PACE Letter Opposing S. 3364 (Stabenow Bill)

Taking Action One Pager – Sound Fiscal Policy

March Toward Madness Campaign — Press Release

March Toward Madness Advertisement

BRT.org April Fools Pages — To show how far behind America is among its global competitors when it comes to corporate taxes, BRT revamped its website on April Fools' Day, turning back the clocks to 1986 when the U.S. last reformed its corporate tax system. You can view what the site looks like in the PDF below. 

BRT April Fools Tax Pages

Tax Foundation Videos

BRT Vice Chair Addresses Fiscal and Tax Issues

"Taxmageddon" Blog Post

October 26, 2011 Letter to Members of Joint Select Committee on Deficit Reform

Multi-Industry Letter Urging Increased Budget Savings from the Joint Committee on Deficit Reduction – Sept. 29, 2011

Roadmap for Growth - Fiscal Policy: Competitive Taxation and Deficit Reduction -- One Pager

Business Roundtable Statement on Fiscal Reform and the Debt Limit 

Letter to the Administration Urging Immediate Action on Debt Ceiling

Recent Studies and Resources

Date Title Description  

04/10/2013

Background Paper on Conflict Minerals Disclosure Rule

Section 1502 of the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) directs the U.S. Securities and Exchange Commission (SEC) to promulgate regulations regarding the use of conflict minerals from the Democratic Republic of Congo (DRC) and adjoining countries.

Background Paper on Conflict Minerals Disclosure Rule

04/10/2013

Taking Action on Immigration

The time has come for realistic immigration solutions that will both strengthen national security and boost economic growth. America needs an immigration system that places more resources toward enforcement of laws, produces a more dynamic and skilled labor force, and enables U.S. businesses and workers to compete more effectively in the global marketplace. Getting reform right is essential to a healthier economy — accelerating growth, encouraging hiring and creating jobs.

04/09/2013

Reauthorization of the Workforce Investment Act

As Congress moves forward with the long-overdue reauthorization of the Workforce Investment Act (WIA), Business Roundtable encourages policymakers to embrace the following principles to ensure a far more effective and efficient workforce investment system in this nation.

04/08/2013

Background Paper on OTC Derivatives End-User Exemption

Regulations implementing “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) provisions that impact end-users of derivatives need to be carefully tailored so that they do not disrupt risk-management practices that pose no systemic risk to the economy.

Background Paper on OTC Derivatives End-User Exemption

03/04/2013

Background Paper on Keystone XL Pipeline Project

The State Department is responsible for issuing “presidential permits” for cross-border pipelines. In the past, such as the case with Enbridge’s Alberta Clipper pipeline, permits have been granted with little or no controversy.

Background Paper on Keystone XL Pipeline Project

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