Gaming’s biggest trade body throws support behind Republican tax reform

Gaming’s biggest trade body throws support behind Republican tax reform

7 years ago
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https://www.polygon.com/2017/11/2/16599564/republican-tax-reform-bill-video-games-entertainment-software-association

The Entertainment Software Association (ESA) came out in favor of the House of Representatives’ proposed tax reform bill, which it first detailed earlier today. The trade association, which runs the Electronic Entertainment Expo and serves the interests of U.S.-based game publishers, gave a thumbs up to what it sees as a system that could potentially stimulate the gaming job market.

“Igniting greater economic opportunity and innovation, today’s tax reform proposal promises to boost the US tech sector,” the trade body said in a press release. “For the 2,600 US-based video game companies competing in the $100 billion worldwide video game market, a competitive, pro-growth tax system that encourages IP development and investment in US jobs is imperative. We commend Majority Leader McConnell, Speaker Ryan, Chairman Hatch, Chairman Brady, Secretary Mnuchin, and Director Cohn for their diligence in crafting this proposal and look forward to working with all policymakers as the effort to enact tax reform moves forward.”