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LIFT America Comments to Senate Finance Committee – International Tax Working Group

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Dear Chairman Hatch, Ranking Member Wyden, and Senators Portman and Schumer: International tax reform profoundly affects American businesses of all sizes and the workers they employ. And although the task is unquestionably difficult, the urgency to act and fix one of the most glaring problems in our tax code cannot be overstated. Subsequently, we are… Read More

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Senate Finance Committee Hearing Highlights: Building a Competitive U.S. International Tax System

Hill

Washington, D.C. – On Tuesday (03/17/15), the U.S. Senate Committee on Finance, led by Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR), held a hearing entitled, “Building a Competitive U.S. International Tax System,” to examine how the U.S. international tax system can be improved to foster economic growth, job creation and greater innovation…. Read More

The Need for Economic Growth, the Call for International Tax Reform

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Leading economists and Washington lawmakers on both sides of the aisle are increasingly in agreement: Our outdated international tax system is holding American workers back while stifling economic growth. At a February U.S. Senate Committee on Finance hearing titled “Tax Reform, Growth and Efficiency” and a January House Ways and Means Committee hearing titled “Economic… Read More

LIFT: Need for tax reform is settled business; Time for Congress to act

The-Hill

Today’s Senate Finance Committee hearing, titled “Building a Competitive U.S. International Tax System,” could not come at a better time. Top economists, business leaders, and lawmakers on both sides of the political aisle agree: American workers deserve greater economic opportunity; American businesses need the ability to increase investments made here at home; and one of… Read More

LIFT America Comments to Senate Finance Committee – International Tax Working Group

LIFT-GlobeOnly

Dear Chairman Hatch, Ranking Member Wyden, and Senators Portman and Schumer: International tax reform profoundly affects American businesses of all sizes and the workers they employ. And although the task is unquestionably difficult, the urgency to act and fix one of the most glaring problems in our tax code cannot be overstated. Subsequently, we are… Read More

New Study: Uncompetitive Tax Code Contributing to Foreign Acquisitions of U.S. Companies

brt

25 Percent Corporate Tax Rate Would Have Kept 1,300 Companies in United States, Study Reveals $179 Billion M&A Deficit Rather Than $590 Billion Gain Washington – A report released today by Business Roundtable reveals that the competitive disadvantage caused by an outdated tax code led to a $179 billion net loss of American companies and business… Read More