Taxation

Taxation can greatly affect the profitability of member companies. IFAI believes in a fair and equitable tax policy that considers global competitiveness and motivates growth and expansion.

IFAI supports policy that:

    • Encourages business expansion
    • Is balanced and draws revenues from a broad base and not disproportionately from industry
    • Encourages entrepreneurship and economic growth
    • Promotes savings and investment
    • Supports legislation, rules and regulations that provide for ease of compliance thereby reducing cost
    • Supports a comprehensive review of the current tax system by a broad based group of stakeholders and welcomes changes to the US Tax system that may positively affect members
    • Supports the reduction of the current federal corporate tax rate to increase investment, wages for workers and productivity levels
    • Supports policies that recognize the special risks taken by small business and their limited access to capital