Taxes can discourage or encourage an activity, by the rate established. Raise taxes and it will slow or halt an activity. Lower taxes, that same activity will increase as a result.

America has the highest corporate tax rate of all the developed nations.

Corporations looking to expand their business (the ‘activity’) and have the wherewithal to do so, will move their new business investments offshore to the more corporate-friendly nations with lower tax rates, who reap the benefits accordingly.

America loses the investments, the potential jobs, and revenues that could’ve resulted.

Oh, did we mention the $2 trillion being held offshore by U.S. multinational businesses?

The reason is simple – they bring it back here, they’re hit with a much higher corporate tax rate. Who in their right mind sets tax law that encourages America NOT to benefit?

Setting a corporate tax rate that encourages business investment HERE results in more economic growth, more jobs, higher wages, and more revenue for the U.S. government.

It can’t get any simpler than that.

Corporate tax reform is foundational to a robust economic growth everyone will enjoy.