Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
Tax and fiscal policy have a profound impact on U.S. business investment, economic growth and job creation. Business Roundtable supports competitive, pro-growth tax and fiscal policies to promote economic expansion, level the playing field for U.S. companies competing in global markets and stabilize the federal debt relative to the size of the U.S. economy.
Recent Activities in Tax & Fiscal Policy
Business Roundtable’s interest in CbC reporting stems from the fact that the information requested in these reports includes sensitive competitive business information. Safeguarding the confidentiality of this information is key, which the Treasury’s proposed CbC reporting regulations recognize by providing the same confidentiality protection to CbC reports as to other tax return information.
Increasing the ability of American businesses and their U.S. workers to compete in foreign markets provides immediate benefits to the U.S. economy.
Business Roundtable President John Engler issued a statement following the U.S. Treasury action regarding inversions and President Obama's remarks.
Business Roundtable supports the Ways and Means Committee’s efforts to address our broken tax system, and we look forward to working with them in a constructive way.
The President’s FY 2017 budget continues to demonstrate the bipartisan support for a more competitive corporate tax rate. American workers bear as much as 75 percent of the corporate tax rate today through lower wages.