We retired Tax Justice Blog in April 2017. For new content on issues related to tax justice, go to www.justtaxesblog.org
Lawmakers and officials in the Obama administration are discussing plans to reform the corporate tax in a way that is “revenue-neutral,” meaning we would not collect any more tax revenue from corporations overall than we do today. In other words, while Congress is debating cuts in public services that working families rely on, there would be no attempt to get corporations to contribute more.
Organizations are invited to sign a letter urging Congress to take a very different approach. Congress should repeal corporate tax subsidies as a way to help reduce our budget deficit and protect public investments that create the healthy, educated workforce and sound infrastructure that will make our nation competitive.
See a PDF of the letter with the list of organizations currently signed on.
The deadline to join the letter is May 16, 5:00 p.m. EST.
For more detailed information, see the following:
CTJ’s op-ed in USA Today calling for corporate tax reform that raises revenue
CTJ’s report explaining why Congress should enact corporate tax reform that raises revenue
CTJ Director Bob McIntyre’s testimony on business tax subsidies before the Senate Budget Committee