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Latta Highlights Support for Tax Reform From Advocates, Economists

Washington, November 30, 2017 | Drew Griffin (202-225-6405)
Today, Congressman Bob Latta (R-Bowling Green) highlighted widespread support for tax reform legislation pending before Congress. The support comes from small businesses, manufacturers, advocates for the agricultural industry, conservative groups, and economists. Included in the list are the American Farm Bureau Federation, the National Federation of Independent Business — the nation’s largest small business group, Americans for Tax Reform, Club for Growth, the National Association for Manufacturers, the American Made Coalition, and others. In addition, a letter to Congress from 137 leading economists said passage of the tax bill will lead to more jobs, higher wages, and a better standard of living.

Recently, Congressman Latta joined his colleagues in the U.S. House of Representatives in passing the Tax Cuts and Jobs Act. That legislation would allow the average American family to keep nearly $1,200 more of their income every year and create more than 33,000 jobs in Ohio according to the Tax Foundation. The Senate is currently working to pass their version of tax reform.

“The massive support for tax reform from pro-growth groups, manufacturers, small businesses, taxpayer advocate organizations, and economists confirm that the Tax Cuts and Jobs Act will increase economic growth and put more money in the pockets of hardworking Americans,” said Latta. “Changing the status quo is never easy, and it was quite predictable that this legislation would be subject to numerous baseless attacks. That being said, leading economic groups are clear - this bill will create jobs, cut taxes for the middle-class, and put U.S. businesses on a level playing field with their international competitors.”

Supporters of Tax Reform Include:
National Association of Manufacturers
National Retail Foundation
American Farm Bureau Federation
Business Roundtable
Small Business & Entrepreneurship Council
Real Estate Roundtable
Financial Services Roundtable
RATE Coalition
American Made Coalition
American Petroleum Institute
National Association of Broadcasters
Association of Equipment Manufacturers
Edison Electric Institute
Grocery Manufacturers Association
American Trucking Association
American Forest & Paper Association
Cellular Telecommunications and Internet Association
National Federation of Independent Business
U.S. Chamber of Commerce
National Taxpayers Union
Americans for Tax Reform
Americans for Prosperity
Heritage Action for America
Club for Growth
Freedom Partners
Tea Party Patriots Citizens Fund
American Action Network
Taxpayers Protection Alliance
American Commitment
ALEC Action
Faith and Freedom Coalition
Hispanic Leadership Fund

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