Marc Gerson Quoted on Tax Reform in CFO

"Tax Reform Coming, But Not Until 2017"
CFO
03.20.15Marc Gerson was quoted on the potential for a reduction in U.S. statutory tax rates as part of a future tax reform package. According to the 2015 Tax Policy Forecast Survey, tax executives predict that tax reform will be enacted, but not until 2017, after the next presidential election. "The business community tells us that the high U.S. statutory tax rates are a major drag on international competitiveness relative to foreign-based businesses, and serve as a signature barrier to the U.S. as an investment location," Gerson said. Survey respondents also predicted that the top statutory corporate rate will fall to 28% in any future tax reform package.
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