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.”