Tax Policy

Tax Policy

9 Critical Points to Consider While Republicans Pursue Tax Reform

Published in Inside Sources

“They need to convince the public that we need tax reform,” Wilber, a senior economist at the American Council for Capital Formation, said. “I don’t think middle America knows we need it. We need it. The administration somehow needs to show the typical American that, no, we need tax reform. This tax reform will help your wages, your income.”

The tax cut America can’t do without

Published in Washington Times

ACCF Board Member Richard Rahn highlights the importance of cutting the corporate tax rate for jobs and economic growth.

Time for Congress to Focus on Permanent, Comprehensive Tax Reform

Published in Daily Caller

Whatever tax reform approach the president and lawmakers choose starting in September, permanence is key. American businesses need the confidence it takes to make high levels of investment in machinery and equipment and to keep up with improving technology and increase their productivity.

Capital Formation 101

Published in inFOCUS Quarterly

Dr. Pinar Cebi Wilber outlines policy prescriptions to promote capital formation and achieve real economic growth.

Lessons from ‘Tax Coachella’: House GOP hits mark on capital formation

Published in The Hill

Thursday was like “Coachella” for taxes in Washington, D.C. My organization, American Council for Capital Formation, along with others, held meetings on the very same topic — tax reform. More importantly, the House Ways and Means Committee decided to hold a hearing with major business representatives to discuss “How Tax Reform Will Grow Our Economy and Create Jobs.”

Panel: Achieving Comprehensive Tax Reform in 2017

On May 18th, the ACCF Center for Policy Research hosted an engaging discussion on tax reform with Chairman Peter Roskam of the House Ways...

No, a business expense is not just a tax dodge by...

Published in The Hill

Let’s be clear, what Oxfam is complaining about is not corporate tax dodgers, but the current U.S. tax code and its legitimate system of credits and deductions. Oxfam doesn’t believe corporations should be allowed to pay a tax rate of anything less than 35 percent.

With Tax Reform, Save the Forest Rather Than Cut Down Trees

Published in RealClearMarkets

For the first time in three decades, U.S. lawmakers have an opportunity to reform the tax code to foster GDP growth, boost wages and employment, attract greater foreign investment, and discourage inversions. To achieve these worthy economic goals, we need policymakers to focus on saving the forest instead of cutting down a few select trees.

Update: Chairman Roskam (R-IL) joins ACCF 5/18 tax reform event

Join us for an engaging discussion on tax reform with Chairman Peter Roskam of the House Ways and Means Subcommittee on Tax Policy, who...

Business Groups Urge Treasury to Withdraw Sec. 385 Tax Regulations

The American Council for Capital Formation joined the Business Roundtable and other business groups this week in urging Treasury Secretary Steven Mnuchin to withdraw the final Section 385 regulations issued in October 2016. These regulations will impose excessive and unwarranted compliance and financial burdens on businesses operating in the United States, distorting investment and other business decisions, to the detriment of U.S. jobs.

ACCF President Mark Bloomfield weighs in on Trump Tax Plan

Mark Bloomfield shares his perspective on President Trump's proposed plan for tax reform. He compares it to tax reform efforts during the Reagan era where he served as Secretary of the President-Elect's Transition Task Force on Tax Policy.

Need Revenue? Try Slashing the Capital Gains Tax Rate

In the debate over tax reform, the biggest challenge is always how to raise enough revenue to offset proposed tax cuts. Yet there is a relatively simple and painless way to maintain the federal coffers: Restore long-term capital-gains tax rates to the levels in place before President Obama took office. A reduction in this tax could generate significant additional revenue.

Taxpayers Expect Washington to Fix Broken Tax Code

Now that Tax Day has arrived, it’s time for Congress to get serious about reform.

Small firms seek level playing field in tax reform

Published in USA Today

The varying rates of tax cuts for corporations and pass-throughs in the Ryan plan have become a rallying cry for smaller firms. “You can’t have a tax reform that favors one type of business,” says Pinar Cebi Wilber, a senior economist at the American Council for Capital Formation, a pro-business group. "We should have an overall business tax reform."

Too early to get combative in tax reform debate

Published in The Hill

Stakeholders on all sides of this debate would do well to dial back the intensity and acrimony, and to instead engage in a more collaborative manner in hopes of ensuring that the package produced by the House GOP is as good as it can be. Let's work together to avoid blowing up this year's tax reform push before it's off the ground.

Tax reform, above all else, will secure our economic future

Originally published in The Hill.

As national leaders move forward with plans to revitalize the U.S. economy, no single issue has more promise to unleash America's potential than comprehensive tax reform. Our tax code is significantly dated. Taxes, especially on the business side, are too high and unnecessarily complicated. The cumbersome tax system stifles economic growth and restricts our ability to create jobs. That is why the American Council for Capital Formation has developed a broad set of policy recommendations to streamline the tax code to make it simpler, fairer and more oriented toward the formation of capital.