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

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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..

BUILD Coalition Letter To House Ways And Means: How Tax Reform Will Grow Our Economy And Create Jobs

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Click here for the full BUILD letter to the House Ways & Means Committee. May 17, 2017 The Honorable Kevin BradyChairman Committee on Ways and Means United States House 1102 Longworth House Office Building Washington, D.C. 20515 The Honorable Richard NealRanking Member Committee on Ways and Means United States House 1102 Longworth House Office Building..

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

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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

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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..

BUILD Coalition Releases Statement On White House’s Tax Reform Principles

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WASHINGTON (April 26, 2017) – The BUILD Coalition issued the following statement on President Trump’s guidelines for tax reform released today. “The BUILD Coalition is encouraged by the just-released White House principles for tax reform, and strongly urges Congress to follow a similar path in its efforts. By prioritizing stronger business investment and economic growth,..

Lawmakers Slam “Harebrained” Plan To Eliminate Interest Deductibility

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The BUILD Coalition has long warned about the severe impact on businesses of all sizes and from all sectors if the business interest deduction (ID) is eliminated. Lawmakers’ growing concerns with the idea was apparent during a recent House Agriculture Committee hearing on tax reform. Credit financing plays a key role in agriculture—supporting daily operations,..

Moody’s Research Underscores Negative Impact Of Eliminating Interest Deductibility

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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..

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

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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)…