ERIC Joins Group Trade Association Letter on “Blank Slate” Approach to Tax Reform

ERIC recently joined a group of business trade associations on a letter to the Senate regarding the “blank slate” approach to tax reform, urging the lawmakers to preserve the current tax treatment related to retirement savings.

“While we work to enhance the current [employer-sponsored retirement] system and reduce the deficit, we must not eliminate one of the central foundations – the tax treatment of retirement savings – upon which today’s successful system is built,” the letter argues. It adds that, “The effects of such a change for individuals, employers and the system as a whole are simply too harmful and must be avoided.”

ERIC members and trial members can read more here.

The Group Trade Letter to Senate is available here.

The Baucus and Hatch Dear Colleague Letter is available here.