The Council on Foreign Relations Finds Corporate Tax Reform Is Overdue

1. THE COUNCIL ON FOREIGN
RELATIONS FINDS
CORPORATE TAX REFORM IS
OVERDUE
David Aufhauser

2. THE COUNCIL ON FOREIGN RELATIONS
FINDS CORPORATE TAX REFORM IS
OVERDUE
Prior to his current role as partner at Williams & Connolly, David
Aufhauser served as legal counsel for institutions like the U.S.
Department of Treasury and the National Security Council. David
Aufhauser shares his economic and legal expertise as a lecturer
and member of the Council on Foreign Relations (CFR).

3. THE COUNCIL ON FOREIGN RELATIONS
FINDS CORPORATE TAX REFORM IS
OVERDUE
Comprised of prominent government officials and corporate
decision makers, the nonprofit, nonpartisan think tank provides
analysis on international affairs, conducts outreach initiatives, and
engages the political community in dialogue. According to CFR,
the executive branch, political party leaders, and a growing
number of Americans citizens support U.S. corporate tax reform.

4. THE COUNCIL ON FOREIGN RELATIONS
FINDS CORPORATE TAX REFORM IS
OVERDUE
A recent CFR comparison of foreign and American corporate tax
reform found that despite record-setting corporate profits, the
United States is not securing as much revenue as other advanced
countries. Since the 1980s, U.S. corporate tax policy has stagnated,
while foreign countries have reduced corporate tax breaks,
lowered tax rates, and updated their overseas tax rates. American
corporations, meanwhile, keep their foreign profits overseas to
avoid the world’s highest corporate tax rate.