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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Failure is not an option.
On July 12, 2017, Maxine Turner, founder of Cuisine Unlimited and chair of the U.S. Chamber Small Business Council, sent a letter to Chairman Roskam and Ranking Member Doggett thanking them for holding a hearing on the need for tax reform. The hearing will take place July 13, 2017.
Not to sound like a broken record, but we would love to see comprehensive, pro-growth tax reform as soon as possible.
On July 11, the U.S. Chamber of Commerce submitted comments on tax reform in response to Chairman Hatch's request for input.
This letter was sent to Reps. Kind, Jenkins, Cole, DelBene, LaMalfa, Reichert, and Torres is support of there recently introduced bill, H.R. 3138.
Last week, the U.S. Chamber sent a message to Congress urging them to reform tax policy.
The nation’s top business organizations urged Congress to reach common agreement on a tax reform plan and move quickly on legislation in a letter sent today to Congressional leadership. The business groups said that no other reforms under consideration in Congress are as important as pro-growth comprehensive tax reform.
This joint letter, signed by the leaders of the Chamber, the Business Roundtable, the National Federation of Independent Business, and the National Association of Manufacturers, was sent to Congress urging them to press forward with the adoption of a Fiscal Year 2018 concurrent budget resolution including reconciliation instructions that would aid the swift passage of comprehensive, pro-growth tax reform.
Pro-growth tax reform can do more for economic growth than any other policy reform available, but only if it’s done sensibly.
The debate over border tax adjustments as part of comprehensive tax reform has been complicated by questions over exchange rate adjustments.
