U.S. Businesses Now Saddled with the Highest Statutory Rate in the Developed World and an Anti-Competitive International Tax System
To highlight the need to modernize the U.S. corporate tax system to reflect today’s economy, this week Business Roundtable is giving visitors to www.brt.org a look at how the site would have looked in 1986, the last time that U.S. business taxes received a major overhaul.
1986:
- No commercial Internet.
- The Iron Curtain divided Europe.
- China remained a sleeping economic giant.
Times have changed – the U.S. corporate tax system has failed to keep up.
Business Roundtable supports a modern corporate tax system that encourages economic growth, drives job creation, and reflects the realities of today’s world. Click here to learn more.