improving the american business climate: reforming the corporate tax code, investing in our...

7/29/2019 IMPROVING THE AMERICAN BUSINESS CLIMATE: REFORMING THE CORPORATE TAX CODE, INVESTING IN OUR INFR

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Paid for by Cory Booker for Senate.

IMPROVINGTHEAMERICAN

BUSINESSCLIMATE

Reforming the Corporate Tax Code,

Investing in Our Infrastructure, Training

Our Workforce, and Supporting Small


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IMPROVING THEAMERICAN BUSINESS CLIMATE:

REFORMING THE CORPORATE TAX CODE,INVESTING IN OUR INFRASTRUCTURE,TRAINING OUR

WORKFORCE, AND SUPPORTING SMALL BUSINESSES

INTRODUCTION

The top priority of government today must be to grow our economy, and to do so in a waythat puts Americans back to work in good-paying jobs. While that means passing theprovisions of President Obamas American Jobs Act that protect the jobs of teachers,firefighters, and police officers something congress has regretfully failed to do it alsomeans getting government in the game where it can assist American business, and out ofthe way where it is impeding growth or artificially supporting the wrong kind ofinvestments.

There is no stopping American business ingenuity, but we can do a far better job supporting it.From the small business on Main Street to the billion-dollar tech company spanning continents,our businesses and their employees succeed when they are bolstered by smart federal investmentand a tax code that actually works. But Congress isnt doing its part. At a combined state and

federal average rate of nearly 40 percent and riddled with loopholes, our corporate tax rateimposes a higher statutory tax burden than any of our peer nations, while often bringing in just afraction of the revenue. Each year, we lose billions of dollars to congestion associated withantiquated ports and crumbling roads.1 Six hundred thousand manufacturing jobs remain unfilleddue to a lack of workers with needed skills.2 Small businesses struggle to stretch capital, andforfeit tremendous resources and energy to comply with a highly complex tax code.

So the charge is clear: Congress must reform the corporate tax code, invest in infrastructure,develop our workforce, and help new and innovative businesses get off the ground and thrive.

We must reform our corporate tax code, making it simpler, fairer, and more dependable. Weshould replace counterproductive loopholes with incentives that support national

priorities, while also lowering rates and increasing revenue with an eye towards globalcompetitiveness. Right now, our bloated tax code is pushing jobs and investments overseas.Democrat or Republican, we can agree that this must change.

Even with an efficient corporate tax code, businesses need 21 st century roads, bridges, raillines, and energy and technology infrastructure to compete. These improvements putAmericans back to work in meaningful, good-paying jobs, while providing tremendousshort- and long-term returns on investment.

American workers are our greatest asset. We must prioritize training our workforce to meetthe rapidly growing global skills gap. This emerging dynamic presents both a threat and anopportunity. We must choose opportunity, and help American workers compete by

1 Falling Apart and Falling Behind, Building Americas Future (accessed on Sept. 25, 2013),http://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdf.2Amy Sullivan, Why Jobs Go Unfilled Even in Times of High Unemployment, The Atlantic (Aug. 19,2013),http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/.
http://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdfhttp://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdfhttp://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdfhttp://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdfhttp://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.theatlantic.com/business/archive/2013/08/why-jobs-go-unfilled-even-in-times-of-high-unemployment/278801/http://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdfhttp://www.bafuture.org/pdf/Building-Americas-Future-2012-Report-32013.pdf


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providing everything from universal early childhood education to accessible vocational andhigher education.

And we can do more to support our small businesses and entrepreneurs. We should pursuemeasures such as promoting accounting rules that recognize the resources available tosmall businesses, increasing the availability of loans through the Export-Import Bank, and

raising the deduction cap on start-up investments.

There is common ground to be found if we focus on commonsense solutions to obviousproblems. This paper highlights just some of those problems, and the solutions that can helpput Americans back to work and keep our economy growing for years to come.

I. REFORMING THE CORPORATE TAX CODE

Our corporate tax code offers a veritable menu of misplaced incentives, misdirectedpriorities, unwarranted loopholes, and a high tax rate that combine to make the UnitedStates less competitive globally. But there is an alternative. Together, we can create asimple, dependable tax code that levels the playing field, creates jobs, and positionsAmerican businesses to lead the world. Further, by cutting the rate and eliminatingloopholes, we can significantly reduce the influence of special interest groups. Above all, wemust craft a tax code that reflects our national priorities. While corporate tax reform hasproven elusive, it need not be. Any eventual solution should include the following:

a. Lowering the corporate tax rate. To lead our hypercompetitive global economy,we must streamline the tax code and lower the statutory corporate rate, which at anaverage near 40 percent when state and federal rates are aggregated, is the highestamong all peer countries. A reduction of the corporate tax rate to near 28 percent,along with the elimination of loopholes and tax-avoidance mechanisms, would bringthe United States in line with its peers. It would also level the playing field between

U.S. multinational firms and their foreign competitors, as well as between U.S.domestic and multinational companies. The United States offers the best productsthe world has ever seen. Now we must ensure that the businesses making themhave every opportunity to succeed in the global marketplace.

b. Eliminating misdirected corporate loopholes. The U.S. corporate tax code isteeming with special considerations for large corporations, forming a patchwork oftax breaks, loopholes, and exemptions. Companies take advantage of these specialcarve-outs to pay much less than the official corporate tax rateand often paynothing at all. A 2008 study by the Government Accountability Office (GAO) foundthat 55 percent of U.S. companies paid no federal income taxes for at least one year

of the seven-year study period.3 Under our current system, these practices may be

perfectly legal, but they arent fair. We can start to streamline the tax code, broadenthe corporate tax base, and level the playing field, by:

3International Taxation: Tax Administration: Comparison of the Reported Tax Liabilities of Foreign -and U.S.-Controlled Corporations, 1998-2005, Government Accountability Office (July 2008),http://www.gao.gov/new.items/d08957.pdf.
http://www.gao.gov/new.items/d08957.pdfhttp://www.gao.gov/new.items/d08957.pdfhttp://www.gao.gov/new.items/d08957.pdf


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i. Removing deductions for businesses that move jobs overseas;ii. Reevaluating the accelerated depreciation schedule to ensure it balances

taxpayer cost with business needs;iii. Exploring phasing out the last in, first out accounting method in a way that

is sensitive to our ongoing economic recovery;iv. Ending costly, preferential tax breaks for oil and other fossil fuel companies.

c. Combating egregious tax avoidance. Companies avoid paying their fair share oftaxes through a web of complex systems, including internal transfer pricing, debt-financing schemes, and check the box regime exploitation. These mechanismscreate an incentive to spend time and resources gaming the system, rather thancreating new jobs. Reliance on subsidiary corporations as tax havens is widespread:A 2008 GAO report found that eighty-three of the 100 largest publicly-traded U.S.corporations in terms of revenue reported having subsidiaries in jurisdictions listedas tax havens or financial privacy jurisdictions.4 As a result, the United States losesbillions of dollars in taxesrevenue that could go toward making business-friendlyinfrastructure improvements, training a world-class workforce, funding smart taxexpenditures, and lowering the overall rate to promote fairness. We can start byconsidering the following proposals:

i. Disallowing deductions on deferred foreign income to encouragerepatriation;

ii. Imposing a minimum tax on all income earned by foreign subsidiaries;iii. Eliminating the contract manufacturing exemption to Subpart F of the tax

code;iv. Pushing for international tax transparency rules;v. Clarifying the transfer price of intangible assets;vi. Promoting repatriation of current foreign cash holdings in ways that ensure

investments in American jobs and infrastructure.

d. Incorporating strategic incentives and stability into the tax code . Instead ofmisguided tax breaks for corporate jets and building golf courses, we shouldincentivize growth in the industries that can drive the 21st century global economy.In doing so, we can create good-paying jobsmanufacturing jobs, for example, pay17 percent more than non-manufacturing jobsand ensure that the United States isat the forefront of global innovation.5 We must also make the tax code more stable.Under our current system, it is often unclear whether Congress will renew vital taxcredits, even in cases where the credit has strong bipartisan support. As a result,investors lack the certainty needed to make long-term investments in emergingindustries. We can leverage the tax code to create stability for businesses andencourage job creation by:

4Large U.S. Corporations and Federal Contractors with Subsidiaries in Jurisdictions Listed as TaxHavens or Financial Privacy Jurisdictions, Government Accountability Office (December 2008),http://www.gao.gov/assets/290/284522.pdf.5The Benefits of Manufacturing Jobs, U.S. Department of Commerce: Economics and StatisticsAdministration (May 7, 2012),http://www.esa.doc.gov/Reports/benefits-manufacturing-jobs.
http://www.gao.gov/assets/290/284522.pdfhttp://www.gao.gov/assets/290/284522.pdfhttp://www.esa.doc.gov/Reports/benefits-manufacturing-jobshttp://www.esa.doc.gov/Reports/benefits-manufacturing-jobshttp://www.esa.doc.gov/Reports/benefits-manufacturing-jobshttp://www.esa.doc.gov/Reports/benefits-manufacturing-jobshttp://www.gao.gov/assets/290/284522.pdf


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i. Increasing the Domestic Production Activities Deduction so that thecorporate tax rate for manufacturers is 25 percent, with additionalincentives for advanced manufacturing;

ii. Making permanent the R&D tax credit and expanding the alternativesimplified research credit from 14 to 20 percent;

iii. Permanently extending and making refundable the renewable electricityproduction tax credit;

iv. Creating a tax credit for bringing jobs to the United States, with additionalcredits for manufacturing and advanced manufacturing;

v. Permanently extending the New Markets Tax Credits Program.II. INVESTING IN INFRASTRUCTURE

American businesses rely on efficient and comprehensive transportation, energy delivery,and communications systems. Cutting edge infrastructure is vital to opening new domesticmarkets and attracting international trade that will allow America to compete and createjobs. Yet, current federal and state investment in infrastructure is not commensurate withneed. A recent study found that 65 percent of American manufacturers think ourinfrastructure is incapable of responding to the competitive demands of the U.S. economy. 6Imagine high-speed rail capacity that can get you from New York to Chicago in five hours,7flights that are both shorter and less likely to be delayed, and ubiquitous access to high-speed internet. By investing in infrastructure, we can revolutionize the way we do business.In particular, we should:

a. Fix our crumbling infrastructure with a National Infrastructure Bank. The 2012federal transportation bill notes, the condition and capacity of the highway systemhas failed to keep up with the growth in freight movement and is hampering theability of businesses to efficiently transport goods due to congestion.8 American railinfrastructure, once considered the best in the world, now ranks eighteenth, plagued

by congested choke points and crossings that force trains to travel at inefficient lowspeeds.9 This has real economic consequences: a weak national infrastructure notonly raises production costs and reduces productivity for American businesses, butalso discourages foreign investment and development. We can create jobs andstrengthen our infrastructure for decades to come by creating a nationalinfrastructure bank that leverages public funding to increase private investment inAmerican roads, bridges, airports, marine ports and other assets.

6Infrastructure: Essential to Manufacturing Competitiveness, National Association ofManufacturers (Sept. 17, 2013),http://www.nam.org/~/media/BB5F7CB7B89349BA9ADA575663AAF499.ashx.7

Building America's Future, supra note 1.8Summary of Moving Ahead For Progress in the 21 stCentury (MAP-21), U.S. Senate Committee onEnvironment and Public Works (accessed on Sept. 25, 2013),http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098.9U.S. Losing Ground in Global Marketplace, report finds, The Washington Post (Jan. 17, 2013),http://articles.washingtonpost.com/2013-01-17/business/36409907_1_global-economy-ports-infrastructure
http://www.nam.org/~/media/BB5F7CB7B89349BA9ADA575663AAF499.ashxhttp://www.nam.org/~/media/BB5F7CB7B89349BA9ADA575663AAF499.ashxhttp://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=6d1e2690-6bc7-4e13-9169-0e7bc2ca0098http://www.nam.org/~/media/BB5F7CB7B89349BA9ADA575663AAF499.ashx


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b. Increase funding for Next Gen Satellite-based airplane traffic control system . Asafe and efficient air travel system, capable of transporting people and cargo acrossthe country and all over the world, is central to our economy. But the U.S. air trafficcontrol systema ground-based, radar system developed in the 1950shas notbeen upgraded in decades. With Next-Gen GPS-based technology, businesses cancount on a faster and more reliable air transport system, with shorter flights, and

fewer delays and cancellations.10

c. Br ing broadband to underserved urban and rural communit ies. Nearly 19 millionAmericans are without broadband internet access. 11 This is unacceptable in todaysinterconnected society. Broadband is vital to small businesses, students who we will relyupon to fill tomorrows jobs, consumers who want to access the best products at thelowest prices, and citizens who want to more robustly engage in our democracy. Theinternet unlocks worlds of opportunity, and no one should be deprived of the key.Included in the Federal Communications Commissions National Broadband Plan is aproposal to transform the Universal Service Funda subsidy program that helps developinfrastructure and improve affordability for telephone serviceinto a program that wouldperform the same function for broadband internet. Congress must fully fund this

programurban and rural communities simply cannot wait for reliable, affordablebroadband access.

d. Enacting the Water Resources Development Act. Investment in our nations waterwaysand marine ports will promote a robust trade market and secure hundreds of thousands ofjobs that rely on interstate and international commerce. American ports are fallingbehind. According to the American Society of Civil Engineers, an additional investmentof $15.8 billion between now and 2020 is needed to protect $270 billion in U.S. exportsand $872 billion in personal income, or $770 per year for households. 12 Today, the Portof Shanghai handles more shipping containers than the eight largest U.S. portscombined. 13 In order to compete in the international arena, we must increase ourinvestment in this vital area.

e. Create a nati onal smar t gr id that saves consumers money and reduces greenhouse gasemissions. Upgrading our electric grid to allow businesses, homes, and other end usersto send energy use data back to utilities increases resiliency and stability, and canempower businesses and consumers to use energy more efficiently. Smart grid spendingalso helps our economygenerating a more than two-to-one return on investment and

10 NextGen: The Business Case for the Next Generation Air Transportation System, Federal Aviation

Administration (Aug. 2012),http://www.faa.gov/nextgen/media/NextGen%20Bus%20Case%202012%20%282012-10-05%29.pdf.11 Eighth Broadband Progress Report, Federal Communications Commission (accessed on Sept. 25,2013)http://www.fcc.gov/reports/eighth-broadband-progress-report.12Failure to Act Economic Studies, American Society of Civil Engineers (accessed on Sept. 25,2013), http://www.asce.org/failuretoact/.13 The Washington Post, supra note 9.
http://www.fcc.gov/reports/eighth-broadband-progress-reporthttp://www.fcc.gov/reports/eighth-broadband-progress-reporthttp://www.fcc.gov/reports/eighth-broadband-progress-reporthttp://www.fcc.gov/reports/eighth-broadband-progress-report


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creating good-paying jobs in the clean energy sector. 14 Congress should create acompetitive grant program to incentivize the adoption of smart grid technology. Further,the Obama administration should continue to streamline the process for building highvoltage transmission lines that connect renewable energy to the grid.

III. TRAINING THE BEST WORKERS IN THE WORLD

To create high-quality jobs and empower our businesses to lead the global economy, wemust have the most productive, best-educated workers in the world. The global skills gap inthe manufacturing sector alone is expected to grow to 40 million by 2020.15 Americans cancompete for these jobs. To meet this opportunity, we need commonsense investments inprograms that equip workers with the skills needed in a 21stcentury economy, such as:

a. Ensuring universal access to high-quality preschool starting at age three. High-quality pre-kindergarten programs provide lifelong benefits, including highercollege graduation and employment rates, and generate high rates of return onsocietys investment.16 Despite these benefits, 28 out of 38 peer nations have a

higher percentage of four-year olds enrolled in early childhood educationprograms.17 We must make a robust federal investment to support state efforts toprovide every three and four year old access to a quality preschool education.

b. Investing in STEM education to combat the skills gap head-on. Employment inSTEM fields is growing faster than in non-STEM fields, 18 yet the United States lagsbehind developed nations in math and science education.19 To catch up, we mustincrease funding for schools and programs that specialize in STEM education, usecompetitive grant programs to promote the adoption of best practices, and providefunding for expanded learning time in schools.

c.

Increasing college affordability by strengthening accountability and creating anational college trust fund for EITC recipients. American employers need accessto a highly-educated workforce in order to compete in today s knowledge-based

14Silvio Marcacci, DOE Smart Grid Funds Created $6.8 Billion Economic Boost, 47,000 Jobs, CleanTechnica (accessed on September 10, 2013), http://cleantechnica.com/2013/05/03/doe-smart-grid-funds-created-6-8-billion-economic-boost-47000-jobs/. 15Manufacturing the Future: The Next Era of Global Growth and Innovation, McKinsey & Company(November 2012),http://www.mckinsey.com/insights/manufacturing/the_future_of_manufacturing.16 Jacob S. Hacker & Nate Loewentheil, Prosperity Economics: Building an Economy for All (2012),http://www.goiam.org/images/pdfs/Hacker%20-%20Prosperity%20Economics.pdf.17

Education at a Glance: OECD Indications, Organisation for Economic Co-operation andDevelopment (OECD) (September 2012), http://www.oecd.org/education/CN%20-%20United%20States.pdf.18David Langdon, et. al., STEM: Good Jobs Now and for the Future, U.S. Department of Commerce,Economics and Statistics Administration (July 14, 2011),http://www.esa.doc.gov/sites/default/files/reports/documents/stemfinalyjuly14_1.pdf.19 "PISA 2009 Results: What Students Know and Can Do," OECD Programme for International StudentAssessment (2010), http://www.oecd.org/pisa/pisaproducts/48852548.pdf.


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economy. The United States should create a college trust fund that helps makecollege and career education more affordable for low- and middle-income families.As proposed in the campaigns policy paper on child poverty, the trust fund wouldprovide up to $7,200 in tuition supports per child for families that receive EITCbenefits.20We must also support the Presidents efforts to reward colleges that keepcosts down, and decrease campus-based aid funding for colleges that increase

tuition without providing more value to students.

d. Strengthening apprenticeship and workforce development programs in high-need sectors. We must recognize that a 21st century workforce requires bothworkers with four-year degrees and vocational training. We can do more to prepareour workforce and meet employers needs by increasing access to vocationaltraining, compensating businesses that promote sector-wide skills development,and creating a national certification system for advanced manufacturing skills.21

IV. SUPPORTING SMALL BUSINESSES

Between mid-2009 and 2011, small businesses accounted for more than two-thirds of netjob growth in America.22 To continue leading the world economy, our tax code must workfor small businesses. Ultimately, this will require comprehensive reform of the individualtax code. However, there are a number of immediate steps the federal government can taketo alleviate administrative burdens and incentivize entrepreneurs to invest in our economy,including:

a. Permanently extending increased expensing levels for small businesses. Wemust do all we can to promote innovation and investment by small business owners.Small businesses can now expense $500,000 in qualified property in a year, up from$125,000 prior to the Obama administration.23 This change makes it easier for small

businesses to pay taxes and creates a stronger incentive to make investments,particularly for equipment, like machinery, that has a longer depreciation schedule.

b. Expanding the use of cash accounting. Each year, small businesses spend nearlytwo billion hours and over $18 billion complying with an overly burdensome taxcode.24 For many enterprises, that translates to 80 hours a year and thousands ofdollars that could be spent developing new products, investing in capital, and

20SeeFor Their Future, For Our Future: Strengthening American Competiveness by Ending ChildPoverty in the United States, Cory Booker for Senate (July 2013),http://www.corybooker.com/vision/policy-papers/child-poverty.21See The United States Makes, The World Takes: Leading 21stCentury Manufacturing and Exports,

Cory Booker for Senate (July 2013), http://www.corybooker.com/vision/policy-papers/manufacturing-and-exports.22Frequently Asked Questions, United States Small Business Administration (Sept. 2012),http://www.sba.gov/sites/default/files/FAQ_Sept_2012.pdf.23Stimulus Acts, Section179.org, (accessed September 24, 2013),http://www.section179.org/stimulus_acts.html.24Tax Simplification and Tax Gap, National Federation of Independent Business (accessed on Sept.25, 2013), http://www.nfib.com/advocacy/item?cmsid=1220
http://www.sba.gov/sites/default/files/FAQ_Sept_2012.pdfhttp://www.section179.org/stimulus_acts.htmlhttp://www.section179.org/stimulus_acts.htmlhttp://www.section179.org/stimulus_acts.htmlhttp://www.sba.gov/sites/default/files/FAQ_Sept_2012.pdf


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creating jobs.25 This must change. By expanding the availability of the cash methodof accounting for qualified businesses with receipts of up to $10 million, we canreduce the compliance burden on small businesses.26

c. Increasing the deduction limit for start-up expenses.We should do all we are ableto make foundational expenses incurred when exploring and starting a business,

like market research and advertising, more affordable. We can promote innovationand encourage smart investment by permanently increasing the start-up deductionlimit from $5,000 to $20,000.27

d. Raising the Export-Import Banks statutory lending cap to help small businessesgrow. With the ranks of the middle class growing abroad, there are ampleopportunities for our small businesses to expand to new markets. 28 In a highly-connected international system, geography should no longer hamper smallbusinesses ability to succeed. The Export-Import Banks mission is to helpAmerican companies build roots in foreign markets. Last year, the Export-ImportBank initiated a short-term export credit-insurance product and streamlined itsapplication process to help small businesses. We should expand this effort byincreasing the banks statutory lending cap.

CONCLUSION

As we seek to build a better economy for all Americans, we must do a better job of creatinga climate in which American business can thrive and compete globally.

This means revisiting a corporate tax code that has been besieged by special interests, andpulled away from the fundamental tenants of fairness and promotion of true nationalpriorities. This means harnessing the strength found in building the greatesttransportation, communications, and power grid infrastructure on the globe. This means

understanding that the cost of inaction far outweighs the cost of investment when it comesto training our workforce, both present and future. This means doing more to support thesmall businesses that line our streets and employ our neighbors in so many Americancommunities.

252013 Small Business Taxation Survey, National Small Business Association (April 2013),http://www.nsba.biz/wp-content/uploads/2013/04/Taxation-Survey-2013.pdf.26Karen Kerrigan, Is Tax Reform Possible?, Small Business & Entrepreneurship Council (Sept. 5,2013),http://www.sbecouncil.org/2013/09/05/is-tax-reform-still-possible/#sthash.aFSzk9lp.dpuf. 27

Anne Kim, et. al., Double the Deduction for Small Business Start-Up Costs, The Third WayEconomic Program (May 2009),http://content.thirdway.org/publications/163/Third_Way_Idea_Brief_-_Double_Deduction_for_Small_Business_Start-Ups.pdf.28Sabina Dewan, Big Ideas for Small Business: Give Small Businesses Better Access to ExportFinance, Center for American Progress (January 26, 2012),http://www.americanprogress.org/issues/economy/news/2012/01/26/10954/big-ideas-for-small-business-3/.
http://www.nsba.biz/wp-content/uploads/2013/04/Taxation-Survey-2013.pdfhttp://www.sbecouncil.org/2013/09/05/is-tax-reform-still-possible/#sthash.aFSzk9lp.dpufhttp://www.sbecouncil.org/2013/09/05/is-tax-reform-still-possible/#sthash.aFSzk9lp.dpufhttp://www.sbecouncil.org/2013/09/05/is-tax-reform-still-possible/#sthash.aFSzk9lp.dpufhttp://www.nsba.biz/wp-content/uploads/2013/04/Taxation-Survey-2013.pdf


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Most of all, this means that we must come together and pursue common sense reforms giving a little and taking a little where we dont fully agree all to achieve an outcome thatworks to advance our common ideals, and our nation.

improving the american business climate: reforming the corporate tax code, investing in our...

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