Last updated on: 2/3/2017 | Author: ProCon.org

President's Council on Jobs and Competitiveness Biography

Position:
Pro to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
Reasoning:

“The high statutory corporate tax rate in the United States reduces the returns to saving and investment and the tax expenditures can distort the allocation of investment. A reduction in the rate combined with a broadening of the base could encourage more investment in the United States by U.S. corporations, and would also make the United States a more attractive place for foreign direct investment by foreign corporations. An increase in investment in the United States by both domestic and foreign companies would, in turn, boost economic growth and employment.”

“Road Map to Renewal: Invest in our Future, Build on our Strengths, Play to Win,” jobs-council.com, 2011

Theoretical Expertise Ranking:
Organizations/VIPs/Others
Individuals and organizations that do not fit into the other star categories.
Description:

“The President’s Council on Jobs and Competitiveness (Jobs Council) was created to provide non-partisan advice to the President on continuing to strengthen the Nation’s economy and ensure the competitiveness of the United States and on ways to create jobs, opportunity, and prosperity for the American people.

The Jobs Council is made up of members appointed by the President from among distinguished citizens outside the Federal Government, including citizens chosen to serve as representatives of the various sectors of the economy to offer the diverse perspectives of the private sector, employers, and workers on how the Federal Government can best foster growth, competitiveness, innovation, and job creation.”

“About the Council,” www.whitehouse.gov/administration/advisory-boards/jobs-council/about (accessed July 17, 2013)

Mission:

“The Jobs Council will:

Solicit ideas from across the country about how to bolster the economy and the prosperity of the American people that can inform the decision making of the President;

Report directly to the President on the design, implementation, and evaluation of policies to promote the growth of the American economy, enhance the skills and education of Americans, maintain a stable and sound financial and banking system, create stable jobs for American workers, and improve the long term prosperity and competitiveness of the American people; and

Provide analysis and information with respect to the operation, regulation, and healthy functioning of the economy and other factors that may contribute to the sustainable growth and competitiveness of American industry and the American labor force.

The Jobs Council will work collaboratively with all agencies and all offices within the Executive Office of the President toward the fulfillment of these goals.”

“About the Council,” www.whitehouse.gov/administration/advisory-boards/jobs-council/about (accessed July 17, 2013)

Other:
Executive-level council
Contact Info:
Phone
None found
Email
None found
Website
Archived site