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Conservative Groups to Senate: Oppose Rubio-Lee Tax Increase Amendment

by Brandon Arnold / /

Conservative Groups to Senate: Oppose Rubio-Lee Tax Increase Amendment

Dear Senator:

On behalf of our organizations, we urge you to oppose the Rubio-Lee amendment to H.R. 1, the Tax Cuts and Jobs Act. While we appreciate the Senators’ efforts to provide additional assistance to working class American families, this amendment takes the wrong approach to doing so. Specifically, the amendment would increase the refundability of the expanded Child Tax Credit and pay for this modification by raising the corporate tax rate from 20 percent to 22 percent. This higher rate would undermine the bill's most critical pro-growth provision, and thereby result in fewer new jobs and smaller pay increases for working families. We urge all Senators to oppose the Rubio-Lee amendment.

Sincerely,

National Taxpayers Union

FreedomWorks

Taxpayers Protection Alliance

Family Business Coalition

Institute for Policy Innovation

Center for Individual Freedom

Americans for Tax Reform

Americans for Prosperity

Generation Opportunity

The LIBRE Initiative

ALEC Action

Campaign for Liberty

Center for Freedom and Prosperity

Consumer Action for a Strong Economy

Freedom Partners Chamber Of Commerce