Press Release

Op-ed: Biden Gets Corporate Taxes Backward

In a new op-ed for The Wall Street Journal, AAF Board Member and former Chairman of the House Ways and Means Committee Kevin Brady and AAF President Douglas Holtz-Eakin discuss the benefits of the 2017 Tax Cuts and Jobs Act’s corporate tax cuts and review the potential harms of President Biden’s proposed corporate rate increases for American workers, companies, and consumers.

An excerpt:

The choice isn’t simply between the current rate and tax hikes. The right framework is to pair the competitive corporate rate with enhanced fairness, greater simplicity and faster economic growth. This is a pivotal moment for preserving the opportunities and competitiveness of American workers. Congress and the president shouldn’t shirk from it.

Read the op-ed