Issue Briefs

Setting The Record Straight: Replacing Full Interest Deductibility With Immediate Expensing Is Not Pro-Growth

By | 2017-10-25T16:01:06+00:00 October 25th, 2017|Blog, Issue Briefs, News|

Proposals to limit the business interest deduction as part of tax reform are based on a number of misconceptions. Unfortunately, a recent report by the Heritage Foundation perpetuates two of these: the notion that full interest deductibility can be replaced by full and immediate expensing, and the myth that the current tax treatment of interest

Funding The U.S. Infrastructure Overhaul: Interest Deductibility’s Key But Oft-Overlooked Role

By | 2017-06-30T13:47:42+00:00 June 22nd, 2017|Blog, Issue Briefs|

In 1956, the interstate highway bill, one of the largest public works projects in American history was signed into law. At the time, the system carried roughly 65 million cars and trucks. Today, that number has more than quadrupled to over 260 million. The increase in traffic borne by our national highway system is just

As The Focus Returns To Infrastructure This Week, It’s Worth Revisiting Interest Deductibility’s Role In Spurring Investment

By | 2017-06-30T13:48:33+00:00 June 7th, 2017|Blog, Issue Briefs|

This week, President Trump is engaging with executives, mayors, and community leaders to discuss America’s much-needed investment in roads, railways, waterways, and other major infrastructure projects. With over $4.6 trillion needed by 2022 just to get our infrastructure to a “B Grade,” President Trump’s proposed $1 trillion plan is an important first step. As we

Policy Thinkers Cannot Ignore The Practical Implications Of Tax Reform Proposals For Businesses

By | 2017-09-05T18:49:33+00:00 May 10th, 2017|Blog, Issue Briefs|

The following is an open letter by the BUILD Coalition on behalf of its members: The BUILD Coalition stands for Businesses United for Interest and Loan Deductibility. Our members represent industries throughout the economy, including agriculture, manufacturing, retail, and telecommunications. The coalition is committed to pro-growth tax reform. As we know from our experiences on

To Secure America’s Economic Future, Lawmakers Must Recognize The Importance Of Interest Deductibility

By | 2017-09-05T18:49:50+00:00 May 1st, 2017|Blog, Issue Briefs|

As House Ways and Means Committee Republicans enter the second day of their two-day retreat to discuss how to align their tax plan with the White House’s principles, they must remember the role interest deductibility (ID) plays in facilitating business growth. The stated goal of the tax reform effort is to foster stronger business investment

To Have Tax Reform And Infrastructure Spending Together, Interest Deductibility Must Be Maintained.

By | 2017-09-05T18:50:22+00:00 March 29th, 2017|Blog, Issue Briefs|

With the Affordable Care Act repeal and replace effort tabled for now, the White House and Congress say they are shifting focus to their next big project: tax reform. However, according to an Axios article this week, this might not be all they are considering. Rumor has it that plans for a massive infrastructure spending

Moody’s Research Underscores Negative Impact Of Eliminating Interest Deductibility

By | 2017-03-22T17:17:10+00:00 March 22nd, 2017|Blog, Issue Briefs, News|

Last week, Moody’s Investors Service published a new report, “Debt And Taxes: Credit Implications Of New Tax Reform Proposals,” showing how the House GOP Blueprint’s proposal to eliminate interest deductibility would lead to an increase in cash taxes for most business. The loss of interest deductibility would be particularly punitive for speculative-grade rated companies, even

Full Interest Deductibility Is Essential To A Pro-Growth Tax Code

By | 2017-03-07T19:11:38+00:00 March 7th, 2017|Blog, Issue Briefs|

Border adjustability. Corporate integration. Lower rates. Simplification. As the tax reform debate continues to heat up, it’s easy to lose sight of the real objective amid all the different proposals and priorities. Most would agree we need to create smart, principled tax policy that helps unlock long-term growth in the American economy. While nothing is

Company Executives Identify The Next Big Tax Reform Fight: Interest Deductibility

By | 2017-03-06T21:50:37+00:00 March 6th, 2017|Blog, Issue Briefs, News|

In a study conducted by the BUILD Coalition last week, we analyzed all public company earnings call transcripts since House Republicans released their Tax Reform Blueprint in June of 2016. The goal was to gain insight into how businesses are thinking about the potential impact of tax reform—especially the proposal to eliminate interest deductibility (ID).

Setting The Record Straight: Debt Financing Plays Critical Role In Business Growth And Economic Stability

By | 2017-03-01T17:35:31+00:00 March 1st, 2017|Blog, Issue Briefs, News|

A March 1 POLITICO piece entitled "The Powerful Financial Reform Within The House GOP Tax Plan," incorrectly describes interest deductibility (ID) as a tax provision that makes the economy riskier by encouraging debt financing. This is a simplistic view that mischaracterizes a fundamental feature of our economic system—one that has helped to drive growth in

If Congress Wants The Support Of The Middle Market, It Should Maintain Interest Deductibility

By | 2017-03-01T19:11:13+00:00 February 15th, 2017|Blog, Issue Briefs|

This week, the Association for Corporate Growth (ACG) held its 2017 Middle-Market Public Policy Summit, where lawmakers and business leaders met to discuss the new political landscape and how public policy can promote the growth of the middle market. One important topic that came up was interest deductibility (ID). The middle market covers roughly 200,000

Setting The Record Straight On Interest Deductibility In The Economist

By | 2017-02-03T17:41:08+00:00 February 3rd, 2017|Blog, Issue Briefs, News|

In its February 2 piece entitled "What If Interest Expenses Were No Longer Tax-Deductible?", The Economist incorrectly describes interest deductibility (ID) as a tax break that makes the economy riskier by encouraging debt financing. This is a simplistic view that mischaracterizes a fundamental feature of our economic system—one that has helped to drive growth in the

Load More Posts