07.27.17

Senator David Perdue: It’s Finally Time To Trust The Free-Enterprise System

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA), a member of the Senate Budget Committee and the Senate Banking Committee, comments on the exclusion of the Border Adjustment Tax in the initial proposal to simplify our tax code:

“It’s refreshing to see Congress and the White House working together to change our tax code. This, along with the ongoing effort to reform regulations, will renew our global competiveness. I’m glad that the Border Adjustment Tax is not included in this initial proposal. It’s finally time to trust the free-enterprise system. By simplifying the tax code, reducing the corporate tax rate to be competitive with the rest of the world, and eliminating our archaic repatriation tax, we have the opportunity to reestablish our economic leadership globally.”

###

Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.