Growing America's Future
Competitive, pro-growth tax policy is essential to grow the economy, raise wages for workers, and improve the standard of living for all Americans.
Smart tax policy is essential to grow our country’s future.
In 2025, lawmakers will have the opportunity to advance pro-growth tax policy as they work to avoid the largest tax increase in American history, which will otherwise occur at the end of the year when many important tax provisions from the 2017 Tax Cuts and Jobs Act (TJCA) are scheduled to expire.
The Chamber’s Growing America’s Future campaign is an education and advocacy effort in support of maintaining a pro-growth tax code to foster a robust economy that benefits all Americans. As a part of this campaign, the Chamber has put forth policy recommendations, polling, first-hand business stories, and research on the importance of pro-growth tax policies to workers, businesses, and local communities while convening more than 500 business voices to urge the next Congress and administration to commit to no tax increases and to promote economic growth.
Educating policymakers on the vital need to prevent tax increases while promoting economic growth – and bringing that message to their states and districts – is the top priority for the Chamber in the weeks and months ahead.
On October 15, 2024, the U.S. Chamber of Commerce sent a letter to the House Committee on Ways and Means Tax Teams outlining our three fundamental tax policy priorities for the next Congress and administration heading into 2025.
Understand the Issues
Why Pro-Growth Tax Policy?
Pro-growth tax policy doesn’t just grow the overall U.S. economy — it raises wages for you and your family. Our policy memo to candidates and elected officials explains how.
The Growth and Opportunity Imperative for America
The U.S. Chamber believes America needs a national priority for growth, driven by people through innovation and productivity and fostered through sound public policy. That's why we are outlining policies that will help us reach the goal of 3% annual real economic growth.
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Supporting a Pro-Growth Tax Policy
More than 500 state and local chambers of commerce and associations have joined the U.S. Chamber in calling on the next Congress and administration to prioritize protecting American families, workers, businesses, and the economy from higher taxes and uncompetitive policies.
Latest Content
Ahead of the first presidential debate, a new national survey released today by the U.S. Chamber of Commerce reveals where voters stand on one of the biggest issues that will confront the White House and Congress in 2025.
Many of the individual, business, and estate tax reforms enacted in 2017 are scheduled to expire at the end of 2025.
The 2024 Tax Policy Summit convened current and former members of Congress and industry professionals to kick off the Chamber's major education and advocacy effort in support of pro-growth tax policies.
The U.S. Chamber urges Congress to enact the “Main Street Tax Certainty Act,” which would make the 20% pass-through deduction permanent.
Currently, EBITDA (earnings before interest, taxes, depreciation, and amortization) will be changed drastically, which will hurt capital-intensive businesses, making it more difficult for them to raise capital for investment and employ workers. If this tax increase moves forward, it will threaten small businesses, jobs and economic growth.