Proposed tax legislation in the House and Senate will have a significant impact on student, faculty and staff, institutions of higher education, and U.S. economic competitiveness. APLU President Peter McPherson issued a statement regarding the House tax reform proposal, the Tax Cut and Jobs Act and sent a letter to the leadership of the House Ways and Means Committee to highlight top concerns as we continue to review the legislation.
“Reforming our nation’s tax code is long overdue and we appreciate the effort that went into crafting this legislation. We recognize that policymakers have many priorities they must balance. But as written, the bill would have deeply negative consequences for access to higher education, the cost of college, and efforts to develop the highly skilled workforce that is needed to propel our nation’s economy forward.”
Read APLU’s letter to the Ways and Means Committee here.