Business Roundtable CEO Josh Bolten told reporters:
All of our members are concerned … every one of them will get hit with a much higher tax bill, which makes it harder for them to raise wages or make investments
Increasing taxes on America’s largest job creators by almost $1 trillion—nearly three times the net corporate tax cut from 2017 tax reform—would be one of the largest corporate tax increases in history,
Tax increases on job creators would make it harder for U.S. companies to compete and would hinder investment in America. The country needs businesses to invest in workers, innovation and operations to strengthen the U.S. economy, not new taxes that would weaken it. We urge policymakers to reverse course.