The House Ways & Means Committee holds a hearing today on The Need for Comprehensive Tax Reform to Help American Companies Compete in the Global Market and Create Jobs for American Workers:
The hearing will examine how the current structure of the international tax rules might distort economic decisions and the allocation of resources in ways that reduce employment for American workers and hamper the efforts of American employers to compete with foreign companies in global markets. In the context of comprehensive tax reform that substantially lowers marginal rates on individuals and corporations, the hearing will investigate which reforms to the international tax rules might improve the ability of American companies to compete and create jobs.
Witnesses:
- Mark A. Buthman (Senior VP & CFO, Kimberly-Clark)
- James T. Crines (Executive VP & CFO, Zimmer Holdings)
- Jane Gravelle (Senior Specialist in Economic Policy, Congressional Research Service)
- Greg Hayes (Senior VP & CFO, United Technologies)
- James R. Hines, Jr. (L. Hart Wright Collegiate Professor of Law, Michigan)
- Edward J. Rapp (Group President & CFO, Caterpillar)
- Dirk J.J. Suringa (Partner, Covington & Burling)
Press and blogosphere coverage:
