The First 100 Days: Corporate Income Tax Reform in 2017?
March 09, 2017
The U.S. corporate tax system has remained largely unchanged since 1986, and a new reform is long overdue.
The benefits of an efficient corporate tax system are great – from stimulating economic growth to adding jobs. Yet, currently the United States is driving away business competition through a complicated and outdated tax structure.
In this policy brief, CED lays out five recommendations for policymakers that will bring business back to the United States, keep the U.S. economy globally competitive, and most importantly net a similar amount of revenue, thereby not adding to the U.S. public debt. CED believes that these meaningful reforms will benefit all Americans with a stronger economy and a more prosperous future.