With Rep. Devin Nunes unveiling his business tax reform proposal today, the BUILD Coalition released the following statement: “While the BUILD Coalition remains supportive of legislative efforts to reform the U.S. tax code in ways that encourage economic growth, Rep. Nunes’ plan falls short of achieving this most-important goal by eliminating the ability to deduct..
With the formal announcement that Representative Kevin Brady is now the Chairman of the House Ways and Means Committee, the BUILD Coalition has released the following statement: “The BUILD Coalition welcomes Representative Kevin Brady as the new Chairman of the House Ways and Means Committee, and we look forward to working with him and others..
With the release of Presidential candidate Donald Trump’s tax reform proposal, the BUILD Coalition has issued the following statement: “We are disappointed to see that Mr. Trump’s tax plan calls for a cap on interest deductibility, a proven growth-inspiring provision that is a fixture of the modern tax code,” said BUILD spokeswoman Sabrina Siddiqui. “Plans that..
With former Governor Jeb Bush (R-FL) releasing his tax reform proposal today, the BUILD Coalition has issued the following statement: “As presidential candidates come out with proposals aimed at updating our tax code, the BUILD Coalition remains supportive of reform efforts that will foster long-term growth, create jobs, and strengthen businesses in every sector of the..
In the most recent edition of Tax Notes, Dr. Rebel Cole, Professor of Finance at DePaul University, argued, “As we continue to lay the groundwork for tax reform, understanding the need for maintaining full interest deductibility is essential to the creation of a simpler, fairer, growth-inspiring tax code.” The full article, entitled “Keep Business Interest Deduction,..
The BUILD Coalition’s Sabrina Siddiqui released the following statement in reaction to release of the Senate Finance Committee Tax Reform Working Groups’ reports: “The BUILD Coalition supports continued progress to enact tax reform that would boost growth and create jobs. It is noteworthy the report acknowledges that many ‘economists – and many in the business community – have..
Today, BUILD spokeswoman Sabrina Siddiqui issued the following statement about Small Business Week: “With National Small Business Week kicking off today, we are reminded how important small businesses are to our communities and our economy. One way to help small businesses continue to thrive is pro-growth tax reform. As lawmakers weigh various options to reform..
With Senator Marco Rubio (R-FL) and Senator Mike Lee (R-UT) releasing their tax reform proposal today, BUILD spokeswoman Sabrina Siddiqui issued the following statement: “As lawmakers begin to release new proposals to fix our tax code, the BUILD Coalition reiterates its support for reform that boosts long-term economic growth, strengthens businesses of all sizes, and creates jobs…
On tax day, BUILD Coalition spokesperson Russ Grote released the following statement: “Today, American businesses are yet again finishing a complex and burdensome process to pay their taxes. As policymakers continue to debate the future of our tax code, the BUILD Coalition reiterates its continued support for the goals of tax reform. Reform has the..
In response to Chairman Dave Camp’s tax reform draft, which did not impose any limits on interest deductibility for domestic businesses, BUILD Coalition spokesperson Russ Grote released the following statement: “The BUILD Coalition supports the goals of tax reform, which has the potential to boost long-run economic growth and generate jobs our economy desperately needs…