Cummins Inc. Chairman and CEO Tom Linebarger issued the following statement regarding the release of the unified Tax Reform Framework:
“Comprehensive tax reform is critical and urgent. It will drive growth in our company and other U.S. companies, big and small, allowing us to add new jobs and strengthen our communities. I am encouraged by the Big Six proposal released today, which contains important elements including a lower corporate tax rate and moving to a territorial tax system, both of which will make us more competitive globally. I urge Congress to move swiftly to reform the current outdated system.”