Gaming’s trade organization supports GOP tax bill (update)

The Entertainment Software Association released a statement today in support of the latest details of a new tax bill from the U.S. House of Representatives. Called the “Tax Cuts and Jobs Act,” Republican party leaders have said that the bill is meant to reduces taxes for both corporations and middle-class families.

“Today’s tax reform proposal will energize tech sector innovation and economic opportunity,” said the ESA statement. “For the $30.4 billion US video game industry, which employs more than 220,000 people all across the United States, the pro-growth policies introduced will incentivize greater US investment and more high-quality American jobs. ESA commends Speaker Ryan, Chairman Brady, House leadership, and the Ways and Means Committee for crafting a reform package that drives US economic growth. The video game industry is committed to working with congressional leaders at every stage of this process.”