ASI Statement on Capital Gains and Dividends Tax Provision in the Republican Study Committee’s Jobs Proposal
The Alliance for Savings and Investment (ASI) issued the following statement today regarding the Republican Study Committee’s (RSC) jobs proposal, which includes a provision to permanently reduce tax rates on capital gains and dividends:
“Maintaining the current tax rate on capital gains and dividends is vitally important to economic growth and job creation in America,” said The Honorable Jim McCrery of ASI. Because companies and investors need capital and certainty to grow, looming tax increases reduce incentives for new investment to fuel this growth. We commend the RSC for supporting this important, pro-growth, pro-jobs policy by including it in their proposal.”
The Alliance for Savings and Investment (ASI) is a diverse coalition of dividend-paying companies, investor organizations and trade associations, formed in support of a common goal: to promote economic recovery, growth and job creation through policies that foster private savings and capital investment.