President, CASE

Earlier this week, the Senate Budget Committee voted to approve tax reform legislation, advancing Americans one step closer to benefiting from meaningful, growth-oriented tax cuts. And while the plan is far more complicated than it should be, it is critical for the Senate as a whole to pass the bill in order to help turbocharge our economy and allow American families to keep more of their own hard-earned money.

As expected, Democrats are spouting the usual baloney and blowing their dog whistles, calling the plan a tax cut for the rich. The party of Chuck Schumer and Nancy Pelosi can’t help themselves from claiming that any attempt to separate the federal government from money and power earned and granted respectively by American workers and taxpayers is somehow always a handout to the well-off.

More alarming, however, are the Republican naysayers in the Senate who now present a potential landmine to a generational opportunity to modernize our tax code and make our economy more globally competitive. Failure to advance tax reform will be a tragedy for small businesses, corporations, and the middle class, who all stand to benefit from the proposed rate cuts. Yet, it may be a small circle of Republicans in the Senate, not just the Democrats, who would be responsible for sinking tax reform.

Now is the moment for lawmakers to remember that they are here to serve the American people, and, at this point in time, the best way to serve the American people is tax reform. American families and small businesses need relief, and U.S. corporations need a better economic environment in which to make investments here at home and better compete abroad.

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