Some Major Companies Give Blessing on GOP Tax Reform Blueprint
The 37-member Alliance for Competitive Taxation supports the House tax reform agenda, it said (here). The group, which includes Google, Caterpillar and Procter & Gamble, offered approval without specifically mentioning the controversial “border adjustability” elements (see 1701120028). "The ‘Better Way…
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for Tax Reform’ blueprint includes many of the policies that our businesses support, including setting a competitive corporate tax rate at 20 percent, establishing a modern international tax system, promoting investment and job creation in the U.S., and providing a level playing field for U.S. and foreign companies competing to sell their goods and services at home and abroad," it said.