Washington D.C. - Business Roundtable today issued the following statement applauding House passage of the conference report to H.R. 1, the Tax Cuts and Jobs Act:
“America’s leading employers applaud House passage of tax reform that moves America one step closer to a modern system that will help U.S. businesses compete globally, invest and create jobs here in the United States. We commend Congress and the Administration for their deliberate policy work to produce tax legislation that includes a competitive business tax rate and a territorial tax system, providing a catalyst for economic growth that will benefit all Americans. Business Roundtable urges the Senate to move swiftly to send the bill to the President’s desk.”