; Whereas our current tax scheme is a complicated web of deductions, which reduce the effective rate, but create distortions and preferences (picking winners and losers), as well as onerous compliance costs; Whereas lowering the rates would bring the United States more in line with 85 other developed countries, encouraging businesses with a global footprint to expand their operations in the United States by enabling them to compete on an even playing field with foreign-based competitors; Whereas a 2017 Organization for Economic Cooperation and Development (OECD) study suggested expansion to the United States economy could come through a corporate tax overhaul which would drive household consumption and investment activity while tax simplification for the corporate sector would ease the burden, especially for smaller enterprises, which have recovered sluggishly from the financial crisis ; and Whereas rate cuts have shown themselves to be a reliable catalyst for growth: Now, therefore, be it