Press Contact:
202-224-4515, Katie Niederee and Julia Lawless
More Than 200 Industry Stakeholders and Job Creators Support Senate Tax Overhaul
Tax Cuts and Jobs Act Receives Strong Support Across Industries
The Senate tax overhaul, which passed the Senate last week, makes America a more inviting place for businesses to invest and grow. By lowering the corporate tax rate, allowing full and immediate expensing, and making a number of other much needed business tax reforms, the Senate tax plan will spur investment and growth, leading to higher wages and better jobs.
Business Roundtable CEO Joshua Bolten recently wrote in the Hill about feedback he’s received from CEOs and what tax reform would mean for investing in their businesses.
He noted:
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AT&T’s CEO announced AT&T would invest an additional $1 billion in 2018 if a 20 percent corporate tax rate is adopted, which Bolten says will create about 7,000 U.S. jobs;
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CVS Health’s CEO said if comprehensive tax reform passes, his company would build more pharmacies and MinuteClinics, leading to thousands of permanent jobs as well as construction jobs, and;
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Of a recent survey of roughly 200 CEOS, 82 percent said that tax reform would lead to increased hiring and capital spending.
It doesn’t stop there. More than 200 stakeholders support the Senate’s pro-growth tax reform package. Here’s a look at who is on board:
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21st Century Fox
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3M
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45Committee
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60 Plus
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A. O. Smith Corporation
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Aerospace Industries Association
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Aetna
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Air-Conditioning, Heating, and Refrigeration Institute (AHRI)
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Airlines for America
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Alaska Chamber
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ALEC Action
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Alliance for Competitive Taxation (ACT)
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Alliance of Automobile Manufacturers
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Allstate Insurance
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Altria
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American Action Network (AAN)
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American Airlines
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American Commitment
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American Conservative Union (ACU)
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American Craft Spirits Association
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American Dental Association (ADA)
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American Exploration & Production Council (AXPC)
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American Farm Bureau Federation
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American Forest & Paper Association (AF&PA)
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American Forest Foundation
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American Fuel & Petrochemical Manufacturers (AFPM)
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American Gaming Association
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American Gas Association (AGA)
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American Hotels and Lodging Association (AH&LA)
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American Made Coalition
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American Petroleum Institute (API)
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American Trucking Associations (ATA)
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Americans for Limited Government (ALG)
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Americans for Prosperity (AFP)
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Americans for Tax Reform (ATR)
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Amgen
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Arizona Retailers Association
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Associated Builders and Contractors (ABC)
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Associated Industries of Missouri (AIM)
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Association of American Railroads
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Association of Equipment Manufacturers (AEM)
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Association of Global Automakers
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Association of Mature American Citizens (AMAC)
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AT&T
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Baxter Healthcare
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Beer Institute
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Best Buy
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Boeing
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BP
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Brown-Forman
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Business Roundtable
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Celgene
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Center for Freedom and Prosperity
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Center for Worker Freedom
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Charter Communications
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Christian Coalition of America
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Cincinnati Financial Corporation (The Cincinnati Insurance Companies)
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Cisco Systems, Inc.
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Club for Growth
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Coalition for American Insurance
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Coalition of Franchisee Associations
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Comcast
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Concerned Veterans for America
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ConocoPhillips
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Constellation Brands
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Construction Industry Roundtable (CIRT)
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Consumer Action for a Strong Economy (CASE)
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Consumer Mortgage Coalition (CMC)
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Consumer Technology Association
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Continental Resources
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Cost Recovery Advances the Nation’s Economy (CRANE) Coalition
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Council for the Citizens Against Government Waste
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Cox Enterprises
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Crossroads GPS
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CSX Transportation
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CTIA – Everything Wireless
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Delta Air Lines
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Digital Liberty
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Distilled Spirits Council
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Domestic Energy Producers Alliance (DEPA)
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Dow Chemical Company
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East Kentucky Power Cooperative (EKPC)
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Eastman
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Edison Electric Institute (EEI)
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Electronic Transactions Association
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Eli Lilly and Company
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Entertainment Software Association (ESA)
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Exelon Corporation
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ExxonMobil
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Faith and Freedom Coalition
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Family Business Coalition
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FedEx
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Fiat Chrysler Automobiles
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Fidelity Investments
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Financial Services Roundtable
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Florida Retail Federation
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Food Marketing Institute
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Ford Motor Company
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Franchise Business Services
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Freedom Partners
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FreedomWorks
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General Dynamics
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General Electric Company
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General Motors
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Generation Opportunity
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Georgia Retail Association
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Grassfire
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Grocery Manufacturers Association (GMA)
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HCCW CEO Economic Leadership Committee
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HDR, Inc.
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Here For America
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Heritage Action for America
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Hewlett Packard Enterprise
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Hilton Hotels & Resorts
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Hispanic Chamber of Commerce of Wisconsin
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Hispanic Leadership Fund
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Home Depot
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Home School Legal Defense Association (HSLDA)
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Honeywell
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Houchens Industries
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Independent Bakers Association (IBA)
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Independent Women’s Voice
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Indiana Retail Council
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Industrial Minerals Association – North America (IMA-NA)
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Information Technology Industry Council
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Information Technology Industry Council (ITI)
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Institute for Liberty
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Intel Corporation
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International Bank of Commerce
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International Franchise Association
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International Paper
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International Sign Association
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Job Creators Network
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Johnson & Johnson
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Kansas Chamber of Commerce
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Kentucky Chamber of Commerce
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Kentucky Distillers’ Association (KDA)
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Knight-Swift Transportation
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Koch Industries
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Latino Coalition
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Lennox International Inc.
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Liberty Counsel Action
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Liberty Mutual Insurance
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Lockheed Martin Corporation
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Mars, Incorporated
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Marsh & McLennan Companies, Inc.
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McKesson Corporation
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Merck
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Metropolitan Milwaukee Association of Commerce
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Michigan Retailers Association
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Montana Retail Association
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Motion Picture Association of America (MPAA)
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Nareit
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National Alliance of Forest Owners (NAFO)
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National Association of Broadcasters (NAB)
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National Association of Manufacturers (NAM)
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National Federation of Independent Business (NFIB)
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National Federation of Independent Business, Pennsylvania chapter (NFIB-PA)
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National Franchisee Association
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National Marine Manufacturers Association (NMMA)
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National Mining Association
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National Pork Producers Council
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National Restaurant Association
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National Retail Federation (NRF)
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National Roofing Contractors Association (NRCA)
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National Tax Limitation Committee
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National Taxpayers Union (NTU)
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NCTA – The Internet & Television Association
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Nebraska Retail Federation
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Niskanen Center
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Norfolk Southern Corporation
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North American Meat Institute (NAMI)
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North Dakota Petroleum Marketers Association
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North Dakota Propane Gas Association
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North Dakota Retail Association
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Ohio Council of Retail Merchants
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ON Semiconductor
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One Nation
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Oracle
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Pennsylvania Chamber of Commerce
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Pennsylvania Manufacturers Association
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Pfizer
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Pitney Bowes
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Procter & Gamble
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Property Casualty Insurers Association of America
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Property Rights Alliance
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RATE Coalition
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Raytheon Company
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Retail Association of Nevada
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Retail Industry Leaders Association (RILA)
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Reynolds American, Inc.
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Semiconductor Industry Association (SIA)
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Small Business & Entrepreneurship Council (SBE Council)
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Smithfield Foods Inc.
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Smiths Group
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Southern Company
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Southwest Airlines
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Target
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Taxpayers Protection Alliance
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Tea Party Patriots Citizens Fund
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TechNet
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Tennessee Chamber of Commerce & Industry
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Tennessee Manufacturers Association
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Texas Association of Business
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Texas Instruments
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Texas Retailers Association
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The Kroger Company
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The LIBRE Initiative
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The Silicon Valley Organization
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Total System Services (TSYS)
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Toyota
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Travelers Companies, Inc.
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Truckload Carriers Association
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Tyson Foods
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U.S. Chamber of Commerce
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Union Pacific
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United Airlines
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United Parcel Service (UPS)
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United Technologies Corporation (UTC)
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USTelecom
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Varian
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Verizon
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Viacom
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Volvo Car Corporation
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Walmart
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Wine & Spirits Wholesalers of America (WSWA)
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Wireless Infrastructure Association
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Wisconsin CEO Economic & Workforce Leadership Coalition
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Wisconsin Manufacturers and Commerce (WMC)
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