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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U.S. Chamber members range from small businesses and chambers of commerce across the country to startups in fast-growing sectors, leading industry associations, and global corporations.
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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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One of the biggest challenges business owners face is a cumbersome and complex tax code.
“Tax reform is all about delivering more jobs, bigger paychecks, and fairness,” the House Ways and Means Chairman said at the U.S. Chamber.
This coalition letter, signed by 248 associations and state and local chambers of commerce, was sent to all members of the U.S. Congress urging them to expeditiously pass a budget resolution with reconciliation instructions so that the promise of tax reform can be made a reality.
Donohue: Work Quickly to Pass Budget Resolution, Unlock the Potential of Pro-Growth Tax Reform WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today regarding the tax reform framework released by Republican congressional leadership and the Trump administration:
In this article, Foster explains that getting expensing right is a key part of improving neutrality regarding business investment.
Comprehensive tax reform, current edition, resembles the successful 1986 effort in many ways.
Contact your representatives in Ohio to support tax reform.
It’s been 31 years since the last overhaul of our nation’s tax code in 1986, and America’s Main Streets cannot wait another 31 years.
Tax reform’s chances are better in this Congress than at any time in the past 30 years.
Reviewing and respecting the lessons from the last major tax reform over thirty years ago illuminates the road ahead.
