PRINCE GEORGE’S COUNTY, Md. — U.S. Senator Ben Cardin (D-Md.), a member of the Senate Finance Committee and Ranking Member of the Senate Small Business and Entrepreneurship Committee, today participated in events in Bowie and Landover to discuss his recently introduced tax reform proposal with county business leaders and to hear from local small businesses that are improving their bottom lines by successfully marketing their environmentally sustainable practices.
“The Prince George’s County business community includes a diversity of companies and perspectives found in few other places, so I value highly conversations like those that we had today,” said Senator Cardin. “In discussions that included a blend of national, regional and local issues ranging from progressive tax reform to green entrepreneurship, I heard compelling, first-hand accounts of how and why the federal government must do more to ensure that Maryland remains open for business.”
This morning, Senator Cardin was hosted in Bowie by the Greater Prince George’s Business Roundtable for a discussion on the senator’s groundbreaking tax reform proposal, which centers on a progressive consumption tax that would eliminate income tax for the vast majority of Americans. Senator Cardin’s proposal would represent a comprehensive overhaul of America’s outdated system of taxation.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, while putting a circuit breaker on the amount of revenue the federal government could raise.
“Our tax code should be fair for families and employers. It 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. Our current, 1980s-style tax code simply cannot accomplish these goals,” said Senator Cardin. “My tax reform legislation would eliminate income tax liability for the vast majority of Americans and would reduce the corporate income tax rate to one of the lowest among industrialized nations.”
Later in the afternoon, Senator Cardin hosted a roundtable conversation in Landover with local green businesses after touring the operations of Harris Plus Printing, a full-service commercial printer with a long-standing commitment to the environment. Part of Senator Cardin’s ongoing “Made in Maryland” tour, which highlights the diversity of Maryland products and the Marylanders who produce them, the roundtable discussion focused on identifying ways for small businesses to foster continued innovation and growth.
“I am thrilled to see a groundswell in Maryland small businesses recognizing that environmental stewardship makes good business sense,” said Senator Cardin. “This is an important trend that must be continued and grown, so that both the business community and our Chesapeake Bay watershed can thrive.”