Congressman Holding and Chairman Brady recognize need to move away from CBT while speaking from the House floor
Both Congressman Holding and Chairman Brady recognized that CBT is inconsistent with the current territorial taxation for corporations as well as harming U.S. firms’ competitiveness overseas. As a result, they pledged to continue to explore moving away from CBT. This demonstrates the commitment from Chairman Brady to get this done. We now need to focus on the Senate tax bill since this fight is far from over.