AMC Statement On Introduction Of House Tax Reform Legislation

WASHINGTON, D.C. - The American Made Coalition issued the following statement regarding today's introduction of tax reform legislation in the House of Representatives: 


The World Has Changed Since 1986

Our economy has evolved immeasurably since Washington last overhauled the tax code in 1986.


Tax Fact: Our Tax Code Isn't Keeping Up With The Times

Our economy has evolved immeasurably since Washington last overhauled the tax code in 1986.


AMC Statement On House Budget Vote

WASHINGTON, D.C. - The American Made Coalition issued the following statement regarding today's vote in the House:


A Lower Tax Rate Would Benefit American Workers

One thing that is regularly lost in the discussion about corporate tax reform is how lower rates benefit workers.


Tax Fact: Workers Benefit From Lower Corporate Rates

One thing that is regularly lost in the discussion about corporate tax reform is how lower rates benefit workers.


AMC Statement on Senate Budget Vote

WASHINGTON, D.C. - The American Made Coalition issued the following statement regarding today's vote in the Senate:


America For Sale

One of the major problems with the current U.S. business tax code is that it actually incentivizes companies to move overseas through a process known as a corporate inversion. These inversions often occur through mergers with foreign subsidiaries or acquisitions by foreign firms. The imbalance is stark. Since 2004, foreign investors have acquired $510 billion more in American businesses and capital than U.S. investors have purchased from other countries, according to a report by Ernst and Young. That deal flow would reverse, if the U.S. adopts a 20% corporate rate, according to EY. For example, 4,700 American businesses would still be operating in the U.S. today, if the 20% rate had been in place in 2004. A lower corporate rate and territorial tax system would slow - or potentially reverse - this migration of American business and capital. 


Tax Fact: Existing Tax Code Drives Businesses Abroad

One of the major problems with the current U.S. business tax code is that it actually incentivizes companies to move overseas through a process known as a corporate inversion. These inversions often occur through mergers with foreign subsidiaries or acquisitions by foreign firms. The imbalance is stark. Since 2004, foreign investors have acquired $510 billion more in American businesses and capital than U.S. investors have purchased from other countries, according to a report by Ernst and Young. That deal flow would reverse, if the U.S. adopts a 20% corporate rate, according to EY. For example, 4,700 American businesses would still be operating in the U.S. today, if the 20% rate had been in place in 2004. A lower corporate rate and territorial tax system would slow - or potentially reverse - this migration of American business and capital. 


Defining A Territorial Tax System

Few Americans understand what “territoriality” means – or how it would make American businesses more competitive – so here is a quick definition.