Tax law supporters rally for Republicans in tough races
BY NAOMI JAGODA - 05/20/18 10:30 AM EDT
Business groups that backed the tax bill are trying to help vulnerable Republican lawmakers by highlighting their work on the issue. They are running ads in the lawmakers’ districts and partnering with them on events at businesses that have benefited from the tax law.
Prominent business groups for years had dreamed of an overhaul of the tax code that would cut taxes for corporations and small businesses and revamp the U.S.’s system of taxing corporations’ foreign earnings. They said that these changes would allow companies to hire more employees and make new investments to grow their businesses.
At the end of 2017, the dream became a reality, with Trump signing a sweeping tax overhaul into law.
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Since the law passed, business groups have been working to make the case that the tax law is working as promised. Some of their efforts have involved promoting the law by thanking the GOP lawmakers for supporting it.
The U.S. Chamber of Commerce started running ads in four congressional districts that tout the tax law and the vulnerable GOP lawmakers who helped make it a reality.
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http://thehill.com/policy/finance/388406-tax-law-supporters-rally-for-republicans-in-tough-races
