The National Women's Law Center sent a letter to members of the House of Representatives urging them to oppose H.R. 6169, a bill that would would provide for expedited consideration of tax reform legislation only on the condition that it includes additional massive tax cuts for high-income households and corporations.
Under H.R. 6169, tax reform legislation would have to replace the current personal income tax rates with just two rates, 10 percent and 25 percent (or less); reduce the statutory corporate income tax rate by about 30 percent, dropping from the current 35 percent to no more than 25 percent; and adopt a territorial tax system which would exempt offshore profits of United States multinational corporations from domestic taxes.
Download the full letter below.
