“At alliantgroup we believe that certain things should continue to receive incentives. We need to simplify the code, need to make it fair and broaden the base.”
- MARK W. EVERSON, alliantgroup Vice Chairman
Mark W. Everson, former IRS Commissioner, Interviewed on Bloomberg TV
March 14, 2012
Mark Everson, former IRS Commissioner and Vice Chairman at alliantgroup, appeared on Bloomberg TV's Bottom Line on March 14th. Many topics were discussed including President Obama's newly outlined corporate tax overhaul that would lower rates.
"It's a good thing that the President has finally weighed in here -- history proves that you can't get tax reform without presidential leadership”, Mark said. He went on to explain that Obama has laid the framework, but it's an ongoing process.
When asked if domestic manufacturers should be exempt from the corporate tax, Mark replied with, "At alliantgroup we believe that certain things should continue to receive incentives. We need to simplify the code, need to make it fair and broaden the base, but we do need to make some intelligent choices here. I would tell you that incentivizing manufacturing and helping small and midsized businesses which, after all, employ two/thirds of all Americans. It's not just about the big guys."
Mark W. Everson, Provides Insight About Business Tax Reform on Bloomberg Radio
March 13, 2012
Everson, who is a champion for small and middle-market businesses, makes it clear that focus on “business tax reform” is needed, not “corporate reform.” Short-term tax breaks cause uncertainty; and the small and medium businesses in our country that employ two-thirds of our workforce need predictability. Strong incentives for manufacturing, innovation, R&D, exporting, and sustainability, are vital to keeping our economy competitive. Listen to Mark Everson's on-point conversation.
Mark W. Everson, alliantgroup Vice Chairman and former Commissioner of the IRS (2003-2007):
Febuary 2, 2012
In laying down its marker for business tax reform, the Administration has recognized the need for presidential leadership. While pushing for simplification, rate reduction, and greater permanency in the tax code, the Administration wisely advocates that certain incentives be continued or even strengthened — notably for manufacturing and the promotion of innovation. The Administration wants to increase the competitiveness of American businesses “large and small.” Establishing a balanced approach won't be easy given the political fire power of large multinational corporations. Moreover, meaningful business tax reform will likely only be achieved as part of a broader effort also addressing individual tax reform. Congress should take into account all the moving parts, not just some of them.”
Other tax experts commenting included the Managing Principal, Tax Policy Group at Deloitte Tax LLP; the President of the National Small Business Association; Director of Citizens for Tax Justice; Professor of Accountancy in the University of Notre Dame's Mendoza College of Business; and Director of the Tax Policy Center.