Cardin to Discuss Progressive Tax Reform with Greater Bethesda-Chevy Chase Business Leaders

Thursday, April 2 at 11:45 AM, U.S. Senator Ben Cardin will join leaders of the Montgomery County business community at The Greater Bethesda-Chevy Chase Chamber of Commerce to discuss his innovative tax reform proposal, which centers on a progressive consumption tax.  Senator Cardin’s proposal eliminates income tax for the vast majority of Americans and represents a comprehensive overhaul of America’s outdated system of taxation. It also would reduce the corporate income tax rate to one of the lowest among industrialized nations.

“It’s time for fresh thinking on tax reform, and my ongoing conversations with Maryland business leaders are focused on finding ways to make our tax code simpler and fairer for families and employers. The tax code should help make Maryland-based businesses more competitive and our nation’s economy stronger. And it should provide a way to responsibly and reliably collect reasonable revenues,” said Senator Cardin. “Our current, 1980s-style tax code simply cannot accomplish these goals. In contrast, my Progressive Consumption Tax Act represents a viable way to simplify our approach to taxation, while ensuring that the country’s revenue needs are met.”

WHAT:          Roundtable Discussion on Progressive Consumption Tax 

WHO:            U.S. Senator Ben Cardin

                        The Greater Bethesda-Chevy Chase Chamber of Commerce 

WHEN:          Thursday, April 2 @ 11:45 AM 

WHERE:         7910 Woodmont Avenue, Suite 1204, Bethesda, MD

HOW:            Media please RSVP to Tim Zink, tim_zink@cardin.senate.gov.