Conservative Groups to Conferees on Tax Cuts and Jobs Act: Reduce Corporate Income Tax Rate to 20 Percent

Dear Conferee,

The central pro-growth provision in the Tax Cuts and Jobs Act is reducing the corporate income tax rate from 35 percent to 20 percent. It is a primary reason for our enthusiastic support of tax reform. The United States currently has the highest corporate tax rate in the developed world – dropping that rate to 20 percent will spur American competitiveness, increase wages and deliver the relief middle-class taxpayers deserve.

The U.S. House of Representatives passed a tax cut bill with this exact rate cut. The U.S. Senate passed a tax cut bill with this exact rate cut. We strongly urge the conference committee to report a tax cut bill with this exact rate cut. We are confident that it will, and we write to encourage you in your good work.

Sincerely,

National Taxpayers Union

FreedomWorks

Council for Citizens Against Government Waste

Center for Individual Freedom

Freedom Partners

The LIBRE Initiative

American Commitment

Independent Women’s Voice

Small Business & Entrepreneurship Council

Center for Worker Freedom

Property Rights Alliance

American Conservative Union Foundation

Club for Growth

Americans for Tax Reform

Taxpayers Protection Alliance

Consumer Action for a Strong Economy (CASE)

Americans for Prosperity

Generation Opportunity

60 Plus Association

Freedom Foundation of Minnesota

Center for Freedom and Prosperity

Tea Party Patriots Citizens Fund

Digital Liberty

American Conservative Union

Association of Mature American Citizens (AMAC)

ALEC Action