RSM’s Kautter speaks at Capitol Hill middle-market caucus briefing
INSIGHT ARTICLE |
Copyright: Denny Henry
RSM's Washington National Tax leader, Dave Kautter, shared results of RSM's 2014 Middle Market Tax Survey during a Capitol Hill educational briefing for the bipartisan Congressional Caucus for Middle Market Growth. The session, "Tax and Trade Policy in the 114th Congress," drew more than 70 attendees from various Congressional offices, who gathered to discuss the impact of tax and trade policies on middle-market companies and the U.S. job market.
The survey findings, released in late 2014, revealed that of the more than 500 middle-market companies surveyed, 79 percent reported experiencing tax increases in 2013, 76 percent reported an increase in their tax compliance burden and 66 percent reported that federal tax policies are limiting business growth. More than 50 percent reported that 2013 tax legislation contributed to decisions to reduce workforce or scale back expansion plans.
Members of the briefing panel included: Gary A. LaBranche, president and CEO for the Association for Corporate Growth; Thomas A. Stewart, executive director for the National Center for the Middle Market at The Ohio State University; Marek Gootman, director of the Brookings Institution Metropolitan Policy Program; and Isabel Fernandez, chief commercial officer, GE Capital, Americas. Questions and answers, many of which focused on taxation, followed the briefing.
The event hosts were the caucus co-chairs: Rep. Steve Stivers (R-Ohio), Rep. Jared Polis (D-Colo.), Rep. Tom Rice (R-S.C.) and Rep. Kyrsten Sinema (D-Ariz.).
The event was sponsored by the Association for Corporate Growth and the National Center for the Middle Market in collaboration with The Ohio State University and GE Capital.