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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Our Work
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 urges Congress to enact the “Main Street Tax Certainty Act,” which would make the 20% pass-through deduction permanent.
Neil Bradley, Executive Vice President and Chief Policy Officer at the U.S. Chamber of Commerce, released a statement upon the U.S. House passing the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024).
This Key Vote Alert! letter was sent to the Members of the U.S. House of Representatives, supporting H.R. 7024, the "Tax Relief for American Families and Workers Act of 2024."
With tax filing season starting today, it is imperative that Congress act now to avoid further negative impacts to American businesses.
The U.S. Chamber led a multi-association comment letter to the IRS regarding the proposed definition of energy property and rules applicable to the energy credit under section 48, as amended by the Inflation Reduction Act of 2022.
This Hill letter was sent to the members of the House Committee on Ways and Means in support of H.R. 7024, the “Tax Relief for American Families and Workers Act of 2024”.
The U.S. Chamber submitted comments to the Treasury Department in response to its request for public input on the draft OECD/G20 Inclusive Framework Multilateral Convention to Implement Amount A of Pillar One and accompanying documents.
Congress urgently needs to enact legislation addressing three key business tax provisions
The U.S. Chamber joined four other business organizations—representing both issuers and financial statement users—in urging the Financial Accounting Standards Board to reconsider its decision to finalize the proposed Accounting Standards Update, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures."