ABC President and CEO Mike Bellaman joined President Donald Trump and other business leaders at the White House Tuesday to discuss their support for tax reform legislation. At the meeting
, President Trump outlined the necessity for tax reform, and thanked the organizations present for supporting the unified tax framework.
While the legislation’s details are still being ironed out, ABC strongly supports the framework’s goal of promoting economic growth and job creation for all businesses—C corporations, S corporations, partnerships and sole proprietorships alike. On Oct. 27, ABC joined a group of 58 organizations to send a letter
to the U.S. House of Representatives urging the inclusion of the lower pass-through tax rate called for in the framework.
will keep you updated on the latest tax reform legislation developments.