Taxes
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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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Latest Content
The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness (CCMC) today released a new study detailing how stock buybacks benefit investors, reduce volatility, and promote efficient capital allocation.
The Biden administration is so eager to raise taxes on businesses that it is trying raise our existing global minimum tax while simultaneously imposing another, redundant global minimum tax. Both policies are misguided. Raising taxes on U.S. multinational businesses will hurt American workers through fewer jobs and lower wages. And it makes no sense to make our existing minimum tax worse before potentially levying another minimum tax.
Congress is working to significantly raise taxes on businesses, workers and American families to fund the $3.5 trillion reconciliation bill.
Read our comments to the Internal Revenue Service on Permanent Relief for Remote Witnessing Procedures.
The U.S. Chamber of Commerce today launched a six-figure paid advertising campaign in opposition to the $3.5 trillion plus reconciliation bill that poses a significant threat to the American economy.
Key Takeaways:
This Key Vote Alert! Letter was sent to Members of the House of Representatives opposing reconciliation.
From corporate taxes to pandemic-related relief, taxes have a significant impact on the performance of every business. Here’s a guide to important tax issues for businesses.
WASHINGTON, D.C. – U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley released the following statement today after House Democrats released text of their reconciliation tax proposal:
We will not find durable solutions in a bill that's more than twice the combined budgets of all 50 states.