American Workers & the Economy Will Benefit from Tax Reform
U.S. companies operate in a highly competitive global marketplace. As cross-border trade and investment have increased, the field of competition has widened in many industries. In this environment, differences in national tax systems can influence where companies choose to invest.
The Business Roundtable’s recent study shows globally-engaged U.S. companies already invest heavily in each state’s economy, but pro-growth policies would spur additional investment and robust job creation. Comprehensive tax reform that includes lowering the U.S. corporate tax rate and revising international tax rules would make it more attractive for companies to invest in communities throughout the United States.
Globally engaged U.S. companies contribute nearly $7 trillion to the U.S. economy, or 54 percent of U.S. economic output, and support more than 70 million jobs, or 48 percent of private-sector employment. Download the national summary.