Washington, D.C. – Business Roundtable today issued the following statement on the historic achievement of pro-growth tax reform:
“Congress and the Administration have achieved critical reform that will grow the economy, raise wages for American workers and boost business investment and hiring in the United States,” said Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. and Chairman of Business Roundtable. “Business Roundtable has long advocated for corporate tax reform because it is good for all Americans.”
“The Congress and the President have delivered on significant tax reform aimed at encouraging investment in the United States, increased wages and jobs, and economic growth,” said Mark A. Weinberger, Global Chairman and CEO of EY and Chair of the Business Roundtable Tax and Fiscal Policy Committee. “It’s now up to business to innovate and invest in workers to help our economy achieve its potential. The opportunity is great.”
“Congress and the Administration have fulfilled their promise to fix a broken tax code that has long disadvantaged American job creators and their employees,” said Joshua Bolten, President & CEO of Business Roundtable. “This legislation includes the two elements needed for the United States to better contend in the global economy: a competitive business tax rate and a modern international tax system. America’s business leaders applaud the House and Senate for their years of hard work that produced this historic achievement.”
As a CEO organization advocating for policies that promote economic growth that benefits all Americans, Business Roundtable has actively advocated for corporate tax reform for over a decade. In addition to promoting tax reform as essential to U.S. companies’ competitiveness through advertising, America’s leading employers engaged their employees, suppliers and customers to make the case for why tax reform matters to businesses of all sizes and to American workers.