Taxes directly affect Americans by compelling them to surrender part of their income to the government, and indirectly since the taxing power can positively or negatively affect economic growth.
In the U.S., our tax regimes are in serious need for reform, both at the state and federal level. Our tax code fails to sufficiently incentivize investment, the primary driver of economic growth. And it hobbles U.S. companies as they compete internationally.
IPI believes that the purpose of taxes is to raise the revenue necessary to fund the legitimate functions of government while imposing the least possible impact upon the functioning of the economy. We therefore believe that taxes should be simple, transparent, neutral, territorial and competitive.
Because of its tremendous potential to stimulate real long-term economic growth, tax reform should be a top priority of policymakers.
Coalition Letter in Support of Tax Reform Legislation
Coalition letter in support of meaningful, transformational tax reform legislation that will strengthen economic growth and enable greater prosperity for American workers, families, and job creators.
Patriotism for Business Is Investing, Not Paying Taxes
The assumption that the highest good for a business is to pay taxes is wrong and harmful to the economy.
Here's What Simple Tax Reform Looks Like
If Republicans are successful in passing tax reform, your return could look like this.
At Last, Pro-Growth Tax Reform
Faster economic growth is on the table, if only Republicans can keep their eyes on the prize.
Trump Learned From His Health Care Fight and Offered A Winning Tax Plan
Trump is right that tax reform is essential to U.S. economic growth, job creation and global competitiveness. Now it’s time for Congress to do its job.
Trump's Tax Reform Accomplishment
There’s not even a bill on the table yet, but President Trump has already scored a historic accomplishment on tax reform.
Reviving Obamacare Repeal By Killing the Health Insurance Tax
Two weeks after efforts in the Senate to repeal Obamacare were thwarted by a few Republican senators, there is talk of another attempt at taking aim at what is officially called the Affordable Care Act.
The Demise of myRA
We can say goodbye to the myRA program. But it won’t be the last time the federal government attempts to lure the American people into bailing out Washington’s unrestrained spending.
'You Dingbats Can't Go Home Until You Do Your Job'
If the GOP leadership were to postpone or cancel the August recess, members of Congress would have time--and a lot more pressure--to accomplish what they promised they'd do.
Deducting Taxes from Taxes
Through the federal tax code, we encourage higher state taxes by allowing the deductibility of state taxes from federal income taxes.
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