Printing Industries of America issued the following statement regarding the formation of the Coalition for Fair Effective Tax Rates, intended to focus the 113th Congress on passing necessary tax reform legislation:
Printing Industries of America today announces the formation of the Coalition for Fair Effective Tax Rates (CFETR), collectively representing about 500,000 businesses ranging from corporate rate payers to small mom-and-pop printers paying individual tax rates. As a founding member, Printing Industries of America will work to educate Congress on the concept that tax reform should be viewed through the lens of effective tax rates—the amount of taxes businesses actually pay. Rather than promote tax preferences, CFETR will keep effective tax rates front and center for lawmakers and highlight the inequities of the code for businesses of all sizes.