ECONOMY

Global Competitiv...

American businesses face high taxes that reduce their competitiveness relative to businesses from other countries around the world. A high corporate tax rate gives businesses incentive to hide revenue overseas, move overseas entirely, and reduce US investment. Reducing the corporate tax rate will reduce this steady flow of assets out of the country and hopefully protect American wealth and jobs. Reforming our corporate tax system is a necessity if we want to keep our businesses and our country competitive internationally.