Expanding The Power of U.S. Latinos

The Latino Coalition Chairman Hector Barreto on Tax Reform

09/28/2017 11:26 AM | TLC Team (Administrator)

WASHINGTON, Sept. 28, 2017 /PRNewswire-USNewswire/ -- The Latino Coalition (TLC), the leading, national non-partisan advocacy organization representing Hispanic businesses and consumers, issued the following statement regarding the tax reform framework released by Republican congressional leaders and the Trump administration:

"Overhaul of our complicated tax code system is long overdue and essential for America's employers and workers. Not only is making the tax code simpler critical for the engine of our economy, it will restore our nation's competitive edge and create higher paying jobs for American workers," said Hector Barreto, The Latino Coalition Chairman and former U.S. Small Business Administrator.

"The tax reform framework recently released is a step in the right direction for small-business job creators by reducing the maximum tax rate on pass-through companies to 25%. This lower rate will incentivize entrepreneurs and help them thrive, compete and grow; we hope to see it retained as Congress refines the details of this proposal."

"Tax reform is a real need for this nation to grow our economy; we urge Congress to act swiftly and make pro-growth tax reform a top priority."

About The Latino Coalition- The Latino Coalition (TLC) was founded in 1995 by a group of Hispanic business owners from across the country to research and develop policies solutions relevant to Latinos. TLC is a non-profit nationwide organization with offices in California, Washington, DC and Guadalajara, Mexico. Established to address and engage on key issues that that directly affect the well-being of Hispanics in the United States, TLC's agenda is to create and promote initiatives and partnerships that will foster economic equivalency and enhance and empower overall business, economic and social development for Latinos.

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