U.S. Chamber Opposes Tax Hikes That Would Hurt Economic Growth, Competitiveness and Job Creation

Urges Bipartisan Negotiations to Move Infrastructure Forward

WASHINGTON, D.C.– The U.S. Chamber has long opposed tax hikes that will hurt American businesses and cost America jobs. The following statement can be attributed to Neil Bradley, executive vice president and chief policy officer, U.S. Chamber of Commerce:

“The U.S. Chamber agrees with the Biden administration that there is a great need to invest in American infrastructure and that ‘inaction is simply not an option.’ However, that doesn’t mean we should proceed with tax hikes that will hurt American businesses and cost American jobs. Tax reform worked to improve a system that no one felt was working and struck a balance between the need for companies to be able to compete in the global economy while protecting the U.S. tax base. We urge the administration and Republicans and Democrats in Congress to begin meaningful negotiations to responsibly fund an infrastructure package and the Chamber will continue to contribute productive funding and financing solutions.”