In an open letter, 26 conservative groups urged the conference committee to support a tax cut bill with a 20% corporate rate. As the letter notes, a 20% corporate tax rate will spur American competitiveness, increase wages and deliver the relief middle-class taxpayers deserve.

The full text of the letter can be found here and is below: 

 

Conservative Groups to Conferees on Tax Cuts and Jobs Act: Reduce Corporate Income Tax Rate to 20 Percent

December 8, 2017

Dear Conferee,

The central pro-growth provision in the Tax Cuts and Jobs Act is reducing the corporate income tax rate from 35 percent to 20 percent. It is a primary reason for our enthusiastic support of tax reform. The United States currently has the highest corporate tax rate in the developed world – dropping that rate to 20 percent will spur American competitiveness, increase wages and deliver the relief middle-class taxpayers deserve.

The U.S. House of Representatives passed a tax cut bill with this exact rate cut. The U.S. Senate passed a tax cut bill with this exact rate cut. We strongly urge the conference committee to report a tax cut bill with this exact rate cut. We are confident that it will, and we write to encourage you in your good work.

Sincerely,

National Taxpayers Union

Americans for Tax Reform

FreedomWorks

Taxpayers Protection Alliance

Council for Citizens Against Government Waste

Consumer Action for a Strong Economy (CASE)

Center for Individual Freedom

Americans for Prosperity

Freedom Partners

Generation Opportunity

The LIBRE Initiative

60 Plus Association

American Commitment

Freedom Foundation of Minnesota

Independent Women’s Voice

Center for Freedom and Prosperity

Small Business & Entrepreneurship Council

Tea Party Patriots Citizens Fund

Center for Worker Freedom

Digital Liberty

Property Rights Alliance

American Conservative Union

American Conservative Union Foundation

Association of Mature American Citizens (AMAC)

Club for Growth

ALEC Action