FreedomWorks Reminds House and Senate About 20 Percent Corporate Tax Rate
FreedomWorks Vice President of Legislative Affairs Jason Pye released the following statement before the House and Senate meet to reconcile the Senate and House tax reform bills on Wednesday:
“The 20 percent corporate tax rate is itself a compromise; it was originally set for 15 percent. We remind the Senate and House conferees that the support of FreedomWorks’ 6 million activists came with the 20 percent corporate tax rate.
“We need to grow our economy. The lowering of the corporate rate to 20 percent and the lowering of the rates for individuals along with the doubling of their standard deduction are important for the greatly increased economic growth.
“Conservative tax reform should not adopt the class warfare of the Left. We should keep our focus on passing a fairer, flatter, simpler tax code across the board.”