Senate Finance Committee Chairman Max Baucus (D-Mont.) commented today on the Administration’s proposed business tax reforms that would lower the corporate rate to 28 percent and broaden the taxpayer base. From Chairman Baucus:
“We need a simpler, fairer business tax system that promotes growth and job creation here at home. There is certainly more work to be done, but this framework from the Administration makes an important contribution and helps advance the discussion on tax reform. Businesses are looking for certainty, simplicity and fairness, and replacing the patchwork we have right now with a modern tax system will be a major shot in the arm for our economy."
Source: Ranking Member’s News
