America is #1.

And that’s not good. 

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GLOBAL BUSINESS TAX RATES

IRELAND - 12.5%0

SINGAPORE - 17%0

CANADA - 26.5%0

UNITED STATES - 39.6%0

We have the highest corporate tax rate of any nation in the world.

Across the globe, governments are slashing their corporate tax rate to spur investment, attract businesses, and spark economic growth. 

The current tax code picks winners and losers rather than treating all businesses the same. At 35%, our corporate tax rate burdens economic growth, job creation and wages in the United States.

 

It’s time to grow our economy, to create jobs and to increase wages in the United States.

 

THE RATE PLAN

HERE’S OUR PLAN FOR COMPREHENSIVE BUSINESS TAX REFORM.

Simplify The Tax Code

At over 70,000 pages, the U.S. Tax Code is a monument to decades of tax policy run amok. It’s time to recognize we’re off track and modernize our Code for the 21st century’s indisputably global economy.

Set The Corporate Tax Rate at a Globally Competitive 25% or Less

America has the highest corporate tax rate in the developed world. This leaves U.S. companies at a significant disadvantage vis-à-vis their foreign competitors.

Close Tax Loopholes

The tax code should not choose winners and losers. With a low corporate tax rate and a broad tax base, America’s tax system will be both more transparent and more efficient, making it easier for companies to bring their products and services to market.

Keep American Companies in America

The highest rate in the world can sometimes mean moving the company abroad just to keep it alive. But a more efficient tax system will allow American companies to thrive where they were born.

Enable the U.S. Economy to Grow, Resulting in a Higher Standard of Living For American Workers

A globally competitive corporate tax rate of 25% will finally allow the U.S. economy to reach its potential again, and economic growth is good for innovation and competition. As more companies seek to capture their share of the market, human capital is sure to be more valuable than ever.

TELL US YOUR TAX PLAN.

We want to know what you think our country can do to get America’s economy back on track.

Your Name (required)

Your Email (required)

What's your tax plan to grow the American economy?

HIGH BUSINESS TAXES IMPACT EVERY STATE.

American companies pay the highest statutory corporate tax rate among industrialized nations. Today, U.S. GDP is already more than $320 billion lower because of America’s high tax rate.

CLICK BELOW TO SEE THE IMPACT ON YOUR STATE

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ABOUT THE RATE COALITION

RATE is a coalition of 34 companies and organizations advocating for sensible corporate tax reform. Making the tax code fairer and simpler will help spur job growth and stimulate the U.S. economy, and make us more competitive globally. RATE members currently include: Aetna, AT&T, Altria Client Services Inc., Association of American Railroads, Babcock & Wilcox, Boeing, Brown Forman, Capital One, Cox Enterprises, CVS Caremark, Edison Electric Institute, FedEx, Ford, General Dynamics, Home Depot, Intel, Kimberly-Clark, Liberty Media, Lockheed Martin, Macy’s, National Retail Federation, Nike, Northrup Grumman, Raytheon, Reynolds American, Southern Company, Time Warner Cable, T-Mobile, UPS, Verizon, Viacom, Walt Disney and Walmart. RATE members and affiliated companies represent over 30 million employees in all 50 states and support innumerable numbers of suppliers and small businesses.

More information about the coalition is available at www.RATEcoalition.com.