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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With a competitive tax code, economies across America grow and prosper, and workers across the country benefit from higher paychecks and more job opportunities.
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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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Latest Content
This Hill letter was sent to the Members of the United States Congress, supporting S. 1243 / H.R. 2767, the “Small Business Investment Act of 2023.”
This Hill letter was sent to the Members of the Senate Committee on Foreign Relations, ahead of the committee markup of S. 1457, the "Taiwan Tax Agreement Act of 2023."
The U.S. Chamber submitted comments to the Financial Accounting Standards Board (FASB) concerning its exposure draft of a proposed accounting standards update that would impose significant additional income tax disclosure requirements on business entities.
This Hill letter was sent to the Members of the Senate Committee on Foreign Relations, supporting ratification of the U.S.-Chile "Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income and Capital."
The U.S. Chamber submitted comments on proposed Treasury regulations that would implement the new advanced manufacturing investment credit in section 48D of the Internal Revenue Code, which was enacted as part of the CHIPS Act of 2022 to incentivize the manufacture of semiconductors and semiconductor manufacturing equipment within the United States
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.