February 18, 2025

A Competitive Corporate Tax Rate Supports American Workers and Communities
The 2017 Tax Cuts and Jobs Act (TCJA) made the U.S. business tax system more globally competitive, encouraging companies to invest, grow and create jobs here at home. In just two years, the lower 21% corporate tax rate helped increase household incomes, raise wages and lower unemployment.
How TCJA Benefited American Workers and Communities:
Why It Matters:

A competitive corporate tax rate ensures American businesses can continue to reinvest in our workers and communities.  

Business Roundtable urges Congress to extend and strengthen TCJA.
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Business Roundtable is an association of more than 200 chief executive officers (CEOs) of America’s leading companies, representing every sector of the U.S. economy. Business Roundtable CEOs lead U.S.-based companies that support one in four American jobs and almost a quarter of U.S. GDP. Through CEO-led policy committees, Business Roundtable members develop and advocate directly for policies to promote a thriving U.S. economy and expanded opportunity for all Americans.

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