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Tax

Now onto taxes ...

Now that the health care vote has been delayed (for now), it appears that tax reform will move to the top of the agenda.

Just like with health care reform, the details are being kept hidden for now. No matter what plans are put forward, you can be sure that we at Fair Share will:

ACA Repeal Bill Stuffed with Nearly $500 Billion in Tax Cuts

After the rushed vote to push the American Health Care Act through committee, which would repeal large parts of the American Care Act, ranking member of the House Ways and Means Rep. Richard Neal wondered: "Is this health care or is this a tax cut bill?"

It's a good question.

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Fair Share Calls for Congress to push back on Trump’s tax myths

Fair Share responded to President Donald Trump's joint address to Congress by highlighting the danger to misrepresenting the challenges facing the U.S. tax code.

If we want to base our debate on tax reform on reality and fairness, we need to correct the record. Last night, we heard the president repeat a common myth about our corporate tax code -- that American companies pay the highest corporate taxes in the world. In fact, the average effective tax rate for U.S. companies is 27.1%, which is below average for other major economies, which average 27.8%.

Our loophole-ridden corporate tax

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Fair Share speaks out against Rep. Delaney's Corporate Giveaways

Rep. John Delaney (D-MD) is putting forward two bills, “Partnership to Build America Act” and the “Infrastructure 2.0 Act,” which are tax giveaways posing as infrastructure spending.

Fair Share is joining with our allies at FACT to oppose these bills, and call for real reform that evens out the tilted playing field of corporate taxes, not makes it worse.

Already, our loophole-ridden corporate tax code is rigged for big companies and their armies of tax lawyers.

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