It's About Fair Tax Treatment and U.S. Jobs
- The U.S. parent companies of globally engaged American companies are a key generator of jobs for America’s workers. They employ nearly 23 million U.S. workers, more than 20 percent of the total U.S. private-sector workforce.
- Higher productivity of globally engaged American companies leads to higher wages for American workers. They pay U.S. workers wages that are nearly 30 percent above the average for the rest of the private sector.
- 95% of the world’s consumers live outside of the United States. For U.S. companies to serve these markets and increase jobs in the United States, they must be able to compete internationally on a level playing field.
- Current provisions in U.S. tax law enable U.S.-based companies to remain internationally competitive, despite a U.S. tax rate that is among the highest in the world.
Facts About Tax
U.S. tax rules significantly affect the ability of American companies to compete in foreign markets. These rules include a provision known as "deferral," which is a key pro-competitive international tax rule for American companies. Click Here to Learn More
State-by-State FactsAmerica's 2,302 globally engaged companies are a critical engine of economic growth and source of employment in America. Learn how globally engaged U.S. companies contribute to their state economies.
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