September 5, 2017

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TechNet Says Meeting Between Trump and Congressional Tax Writers ‘Sign of Growing Momentum’ for Meaningful Tax Reform

Washington, D.C. — TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, welcomed a meeting between President Trump and congressional tax writers that took place this afternoon. 

President Trump met with the “Big Six” congressional tax negotiators, which includes Speaker of the House Paul Ryan (R-WI), Senate Majority Leader Mitch McConnell (R-KY), House Ways and Means Chairman Kevin Brady (R-TX), Senate Finance Committee Chairman Orrin Hatch (R-UT), Treasury Secretary Steven Mnuchin, and National Economic Council Director Gary Cohn.

The following statement can be attributed to Linda Moore, President and CEO of TechNet:

“President Trump today met with congressional tax negotiators, a sign of the growing momentum for meaningful tax reform. 

“The fall legislative agenda will be extremely busy because of hurricane relief as well as measures to increase the debt ceiling, keep the government funded, and provide permanent relief to Dreamers.  High on the priority list must also be tax reform that lowers the corporate tax rate – which is the highest in the developed world – and encourages businesses to invest $3 trillion in overseas earnings here at home.

“In doing so, the White House and Congress can provide a needed jolt to our economy and unleash a new wave of American innovation and job creation.”

About TechNet

TechNet is the national, bipartisan network of technology CEOs and senior executives that promotes the growth of the innovation economy by advocating a targeted policy agenda at the federal and 50-state level.  TechNet’s diverse membership includes dynamic startups and the most iconic companies on the planet and represents more than 2.5 million employees in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, biotechnology, venture capital, and finance.  TechNet has offices in Washington, D.C., Silicon Valley, San Francisco, Sacramento, Austin, Boston, Olympia, Albany, and Tallahassee.

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