Statement of NCTA – The Internet & Television Association Regarding Today’s Tax Reform Plan

“Today’s announcement is a welcome first step by leaders in Congress and the Administration to stimulate the economy and make our nation globally competitive by reforming and simplifying the tax code for all taxpayers. NCTA’s member companies invest billions of dollars every year to build and improve superfast internet networks and spend billions more to create the world’s best and most diverse TV content. Collectively, the U.S. cable industry supports over 2.9 million jobs and $421 billion in economic impact. We look forward to working with Members of Congress and the Administration to enact meaningful tax reform legislation that encourages innovation and growth, while retaining the tools companies need to invest in infrastructure.”