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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Our Work
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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Here's an example of how the budget process has collapsed in Washington
Oral Testimony before the U.S. House Foreign Affairs Committee's Subcommittee on Europe, Eurasia, Energy, and the Environment hearing on the Transatlantic Policy Impacts of the U.S.-EU Trade Conflict
This letter was sent to the Senate Committee on Foreign Relations, supporting a number of tax treaties before the Committee.
This letter was sent to the House Committee on Ways and Means, supporting H.R. 2313, the Water Conservation Rebate Tax Parity Act.
This letter was sent to the United States Senate, supporting S. 684, the “Middle Class Health Benefits Tax Repeal Act of 2019.”
Its analysis of the Tax Cuts and Jobs Act contains erroneous or slanted statements.
This letter was sent to the U.S. Congress supporting H.R. 2213 and S. 978, the “Work Opportunity Tax Credit and Jobs Act.”
On May 1, the U.S. Chamber submitted the following comments to the Treasury Department and the IRS on REG-104464-18, guidance to determine the amount of the deduction for foreign-derived intangible income and global intangible low-taxed income, as published in the Federal Register on March 6, 2019.
Some taxing authorities want to severely limit, or even eliminate, the comparable sales method.
Why Main Street businesses are feeling better about taxes this year.
