Tax Reform Is ‘Critical to US Competitiveness’
OFII issued the following statement in response to the Unified Framework for Fixing Our Broken Tax Code.
“The Administration’s sweeping proposal will increase the cost of investing and expanding across the United States for all foreign companies and put at risk more than 12 million American workers that are supported by foreign direct investment in the United States. This is a misguided approach that could have a freezing effect on attracting global employers and will damage U.S. competitiveness, which may very well be measured in lost jobs, wages and GDP.”
