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
This Hill letter was sent to Senators Cornyn, Carper, Grassley, Wyden, and Rubio, supporting S. 3612, the "Small Business Expense Protection Act."
This is a tax provision long lauded by both sides of the aisle because of its proven stimulus impacts.
On May 1, 2020 the Chamber delivered this letter to Secretary Mnuchin regarding comments and recommendations for revisions to the Employee Retention Tax Credit FAQs #64 and #65 released by the IRS.
On April 2, 2020 the Chamber delivered this letter to the IRS and the Treasury regarding comments and recommendations to provide guidance to taxpayers in response to COVID-19.
"These comprehensive guides ensure business owners fully understand what aid is available to them and how to access those funds as quickly as possible. We are committed to ensuring no family or business goes bankrupt due to financial hardships associated with the coronavirus.”
This Key Vote Alert! letter was sent to the members of the United States Senate supporting S. 3548, the "Coronavirus Aid, Relief, and Economic Security (CARES) Act."
This Hill Letter was sent to the members of the United States Senate, supporting Senate passage of H.R. 6201, the "Families First Coronavirus Response Act."
This Hill letter was sent to the House Committee on Ways and Means committee's subcommittee on Select Revenue Measures, on the hearing entitled, “Examining the Impact of the Tax Code on Native American Tribes," and supporting H.R. 2484, the “Tribal Tax and Investment Reform Act.”
This Hill letter was sent to the United States Senate, supporting S. 604, the “Mobile Workforce State Income Tax Simplification Act of 2019.”
This Hill letter was sent to the U.S. House of Representatives, supporting H.R. 5674, the “Mobile Workforce State Income Tax Simplification Act of 2019.”