“Fair Reform for Growth” Kicks-Off with Ads in Washington, D.C.
WASHINGTON, D.C.—The U.S. Chamber of Commerce today launched a new multi-million dollar ad campaign to fight for responsible tax reform that keeps American businesses competitive globally. The campaign, “Fair Reform for Growth,” kicked-off with a Washington, D.C. advertising campaign across both traditional and digital media highlighting the need for fair and comprehensive reform.
“Faced with the highest statutory tax rate of any major country, American employers must do everything they can to stay competitive in the global marketplace and keep their employees working,” said Bruce Josten, executive vice president for Government Affairs at the U.S. Chamber. “Comprehensive tax reform is essential to ensure continued success for middle-class families and businesses across the country, and this campaign will keep this issue top of mind for policymakers and voters.”
The Chamber has long led the charge on the need to reform the U.S. tax code, which has not had a comprehensive overhaul since 1986. The “Fair Reform for Growth” campaign will educate policymakers and voters about the need for a modern and competitive tax code.
Recently, some leaders in Washington have suggested retroactive legislation on tax inversions, and the administration has threatened unilateral executive action. If implemented, this policy would punish American workers and businesses that have acted in complete compliance with the law.
“These proposals are comparable to the IRS knocking on your door and forcing you to pay back a tax deduction you took legally last year,” Josten stated. “It is fundamentally unfair to come back around later and punish those who played by the rules and followed the law.”
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.