Taxes
America has the most innovative, dynamic, and resilient economy in history—our tax system should strengthen our economy, not undermine it. The U.S. Chamber promotes a tax system that allows taxpayers and business owners to make smart decisions about how they work, save, and invest. Low tax rates and a stable tax code allow businesses to grow the economy, create jobs for Americans, and invest for the future while supporting communities and society at large through tax revenues.
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Maintaining and improving pro-growth tax policy next year, when the largest automatic tax increase in history is set to occur, will ensure the U.S. is globally competitive, retaining and attracting businesses, jobs, investment, and innovation here at home.
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The U.S. Chamber works with our partners in government and fights for tax policies that will help American businesses succeed at home, compete abroad, and attract global businesses to our shores.
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This Hill letter was sent to the Members of the United States Congress, supporting S. 749, the “American Innovation and Jobs Act,” and H.R. 1304, the “American Innovation and R&D Competitiveness Act.” This bill is on the Legislative Leadership list for the “How They Voted” scorecard.
U.S. Chamber submitted comments in advance of trilogue negotiations among the Commission, Parliament, and Council during which they will consider changes to current rules surrounding income tax information whereby country-by-country reporting information would be made public.
This Hill letter was sent to the Members of the United States Congress, supporting H.R. 1381 and S. 480, the “Main Street Tax Certainty Act of 2021.” This bill is on the Legislative Leadership list for the “How They Voted” scorecard.
This Hill letter was sent to the Members of the United States Senate, on the "American Rescue Plan."
Why the Financial Transaction Tax would do more harm than good.
Rather than raising taxes, we need to focus on policies that will drive our economic recovery during the COVID-19 pandemic. Read more.
This Hill letter was sent to the Members of the U.S. House of Representatives, on pandemic relief and the American Rescue Plan.
Tax reform improved the competitiveness of our tax system – and proposals to double the GILTI rate is a step in the wrong direction.
Tax reform improved the competitiveness of our tax system – and proposals to double the GILTI rate is a step in the wrong direction.
This Hill letter was sent to the Members of the Senate Committee on the Budget, supporting the Nomination of Neera Tanden to be Director of the Office of Management and Budget (OMB).