By  on February 1, 2012

WASHINGTON — Senior executives from Macy’s Inc., The Walt Disney Co. and FedEx Corp. raised concerns on Capitol Hill Wednesday about the nation’s high corporate tax rate, saying it puts them at a commercial disadvantage and calling on the government to reduce the rate to enable them to become more competitive and create jobs.

The executives spoke at a panel discussion hosted by Reforming America’s Taxes Equitably, or RATE, a coalition comprised of 26 companies, including the three represented on the panel, as well as such corporations as Nike Inc., CVS Caremark Corp., The Boeing Co., AT&T Inc., Viacom Inc. and the National Retail Federation.

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