ETA Submits Letter to House Committee on Ways and Means in Support of H.R. 1

The Electronic Transactions Association (“ETA”), supports H.R. 1, “Tax Cuts and Jobs Act”, scheduled for mark-up today. We urge you to report the bill out favorably.

H.R. 1 is welcome news for American businesses, consumers, and the U.S. economy. The U.S. has one of the highest corporate tax rates and the most complex tax code in the world. We support provisions in H.R. 1 to modernize the corporate tax system in order to stimulate the economy, grow jobs, and make U.S. firms more competitive both here and abroad.

Click here to read the full letter.