Tax Facts

Archived Tax Facts

ACT Tax Facts: Fixing Our International Tax System Will Boost Economic Growth

The Labor Department data from January 2015 shows the U.S. employment is finally greater than pre-recession levels. However, as the working age population has increased at a faster rate than workers have been able to find jobs, almost 9 million workers remain unemployed and millions more are under-e…

ACT Tax Facts: Tax Reform Would Create New Opportunities and Growth for American Workers

As leaders in Washington discuss the merits of corporate tax reform proposals to help boost American business, the impact of our current tax code on American workers rarely takes center stage in the tax reform debate. However, leading economists and tax reform experts from both sides of the aisle ha…

ACT Tax Facts: U.S. Tax Code Encourages Foreign Takeovers of U.S. Companies

As leaders in Washington examine ideas to grow our economy and create more jobs, it's time they reform our nation's outdated tax system so that U.S. companies can compete in the global economy. One consequence of today's noncompetitive tax system is that it encourages foreign acquisitions of U.S. co…

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