It’s a Critical Time for Economic Growth, Not Tax Hikes

Underlying Economic Instability

An extraordinarily weak August employment report shows a stalling economy with more than eight million Americans out of work and actively seeking a job, and millions more having given up looking. Employment has declined by 5.3 million jobs between August and before the start of the pandemic in February 2020, when the unemployment rate was at a 50-year low of 3.5%.

Recovery, Not Risk

These signs of economic uncertainty show us precisely why this is a risky time to raise taxes on the companies that employ Americans and supply our goods.

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Alliance for Competitive Taxation

Alliance for Competitive Taxation

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The Alliance for Competitive Taxation promotes U.S. jobs, investment and rising incomes through the establishment of a competitive U.S. tax system.