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 |