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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This Coalition letter was sent to Sen. Steve Daines supporting his "Main Street Tax Certainty Act."
This Hill letter was sent to the Members of the United States Congress, supporting S. 1117 / H.R. 2406, the “Accelerate Long-term Investment Growth Now (ALIGN) Act.”
This Hill letter was sent to the Members of the United States Congress, supporting S. 1232 / H.R. 2788, the “American Investment in Manufacturing (AIM) Act.”
This letter was sent to the Members of the United States Congress, supporting S. 866, the “American Innovation and Jobs Act,” and H.R. 2673, the “American Innovation and R&D Competitiveness Act.”
Business groups expressed concern over several Canadian policy proposals to President Biden before his first trip to Canada.
The U.S. Chamber submitted initial comments and guidance recommendations to Treasury and the IRS concerning the new corporate alternative minimum tax regime.
The U.S. Chamber sent a letter to the Financial Accounting Standards Board (FASB) concerning its proposed changes to the income taxes paid and rate reconciliation disclosures.
U.S. Chamber of Commerce comments to the IRS request for information for certain sources of income from space.
The U.S. Chamber submitted initial comments and guidance recommendations to Treasury and the IRS concerning the new 1% excise tax on corporate stock buybacks.