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The Tax Tracker

Even Experts Say Biden’s Global Tax Surrender Is Far From a Done Deal

July 06, 2021 — Blog

Contrary to White House claims that “momentum” will propel forward President Biden’s global tax surrender, there has been little measurable progress toward resolving longstanding obstacles to a global tax agreement. In fact, many media outlets have highlighted the enormous challenges that could stop the proposal dead in its tracks. Here are a few:

Brady, Crapo Statement on G-7 Agreement

June 05, 2021 — Press Releases

WASHINGTON, D.C. – U.S. House Ways and Means Republican Leader Kevin Brady (R-Texas) and U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) issued the following statement today regarding the G-7 nations agreement on new rules for taxing global companies: “A speculative agreement appears premature given the many unanswered questions about the Pillar 1 and Pillar 2 proposals ...

Brady on Fox Business: We Shouldn’t Fund Infrastructure on the Backs of American Workers

April 21, 2021 — Blog

“We shouldn’t fund infrastructure on the backs of American workers, and that’s exactly who it hits the hardest,” said Ways and Means Republican Leader Kevin Brady (R-TX) when asked about Biden’s $2.7 trillion tax hikes. In a conversation with Larry Kudlow, Rep. Brady said, “When we lowered America’s business tax rates to 21 percent, we saw wages jump up significantly, more jobs, ...

Op-Ed: Tax Hikes Will Stifle the Recovery

April 21, 2021 — Blog

In an op-ed for the Wall Street Journal, Sen. Rob Portman (R-OH), member of the Senate Finance Committee, outlined how Biden’s $2.7 trillion tax hikes will slash paychecks, raise prices, and kill American jobs. KEY TAKEAWAYS: Republicans and Democrats agree that rebuilding ...