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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The U.S. Chamber joined 18 other stakeholder organizations in commenting on four highly problematic aspects of the final foreign tax credit regulations that warrant withdrawal and reconsideration by the Treasury Department.
The Department of Treasury released a final rule giving state and local recipients of American Rescue Plan funds more flexibility in the spending of those funds.
Empowering the IRS to monitor bank accounts for financial information will hurt the banking system and businesses by violating their privacy.
These Comments were submitted to the Department of the Treasury, on a Digital Services Tax in Canada.
This Coalition letter was sent to the Members of the United States Congress, opposing H.R. 5376, the reconciliation bill.
This Key Vote Alert! letter was sent to the Members of the U.S. House of Representatives, opposing H.R. 5376, the reconciliation bill.
This Hill letter was sent to the Members of the United States Congress, on the budgetary impact of H.R. 5376, the reconciliation bill.
A corporate profits minimum tax would be terribly complicated and have many unforeseen consequences.
This is a bipartisan, commonsense bill that would be helpful in getting unspent COVID funds to much-needed infrastructure projects.