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
With more than two million jobs lost in 2008 – and accelerating job losses in the past three months – decisive action is needed if we are to return our economy to a path for growth and full employment.
The global financial market crisis has spread across all sectors of the U.S. economy and has threatened economic growth and job creation.
On behalf of Business Roundtable, I am writing to express our strong support for new bipartisan legislation to address the severe financial credit disruptions in order to restore stability to the credit markets and the U.S. economy.
The failure to pass emergency legislation to rescue the U.S. financial system will put our entire economy at risk. The resulting turmoil in equity markets has already wiped out hundreds of billions of dollars in household wealth and the retirement savings of the American people. But the impact of this crisis extends well beyond the financial industry.
A Company Anecdote: How American Workers and Businesses Succeed in the Worldwide Economy