America First Tax Strategy

Position Statement
The Coalition for a Prosperous America fights for tax reform supporting the rebalancing trade, rebuilding domestic industrial supply chains, and penalizing offshoring production or profits to the detriments of domestic companies.

Strategy Summary
Pro-American Tax Policies

• CPA advocates changing our current international corporate tax system to sales factor apportionment because domestic companies should not be undercut by foreign competitors who can profit shift overseas to reduce their tax liability despite directly competing in the American market.

• CPA supports shifting towards a revenue-neutral value added tax to improve the global trade competitiveness of US-based companies and workers. Value Added Taxes give a foreign trade advantage to other countries and the US should remove this advantage.

• While our priority is to level the playing level the playing field between US companies and foreign competition, We also periodically support tax incentives that are effective to re-shore or re-build industries here, provided that those incentives spur investment that would not otherwise occur.

op-ed · September 15, 2020

Trump and Biden ‘Made in America’ tax plans ignore the real problem

Smaller U.S. companies continue to pay a higher effective tax rate, stunting their growth and encouraging more offshoring by large multinationals The presidential election campaign...
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May 06, 2020

Tax Avoiders Should Not Get Bailout Money

Editor's Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund. Right now, Washington is preoccupied with efforts to...
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April 17, 2020

Main Street Lending program

CPA is working to keep you up to date on the CARES Act lending programs. Here is additional information that may help your business regarding...
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April 06, 2020

Paycheck protection program update for CPA members

This is an update on the Paycheck Protection Program which is part of the Small Business Interruption Loan Program within the recently passed CARES Act. ...
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February 10, 2020

Facebook and IRS Prepare for $9 Billion U.S. Tax Court Fight

Editor's Note: Adopt Sales Factor Apportionment taxation and this tax litigation becomes irrelevant. Because internal profit shifting becomes irrelevant. Simply tax MNC global profit in proportion...
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September 30, 2019

Top 3 Tax Proposals by Democratic Candidates...and How They Affect Domestic Companies

After an initial review of the various 2020 Democratic presidential contenders’ tax proposals, the CPA tax committee noted a lack of progress on corporate tax...
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September 09, 2019

The Rise of Phantom FDI in Global Tax Havens

Editor’s note: The massive phantom foreign direct investment described in this article shows why CPA’s proposal for sales factor apportionment is needed for the US...
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September 09, 2019

More than third of foreign investment is multinationals dodging tax

Editors note: Another reason sales factor apportionment tax is needed. Capital flows for tax avoidance and profit shifting purposes should not exist. Tax profits based...
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July 25, 2019

Top 5 Tax Proposals by Democratic Candidates...and How They Affect Domestic Companies

Among the various Democratic presidential contenders, there are a number of proposals for corporate tax reform. After reviewing all the candidates’ plans, we’ve identified the...
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July 08, 2019

US Should Reject Tax Loopholes that China Favors

By David Morse, Tax Policy Director The US and domestic companies should be alarmed by China’s desire to preserve corporate tax avoidance strategies in the...
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