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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Without a guardrail, a strong incentive would exist to recharacterize a passthrough owner’s wage income as business income.
Let's tackle three issues the former U.S. Treasury secretary has with the tax reform package.
Myopically focusing on one provision of tax reform is not the way to determine its effects.
WASHINGTON, D.C. — U.S. Chamber of Commerce Senior Vice President and Chief Policy Officer Neil Bradley issued the following statement today on the tax reform legislative draft unveiled in the House of Representatives:
This letter urges Congress to deliver on comprehensive, pro-growth tax reform.
Tom Donohue Attends Meeting with President Trump as Nearly 300 Business Groups Sign Letter to Congress on Tax Reform WASHINGTON, D.C. — In a letter sent to all members of Congress today, 297 trade associations and state and local chambers of commerce expressed their support for tax reform and applauded the work of the House Ways and Means and Senate Finance Committees.
After 31 years, it's time to reform the tax code. If we do it right, it can be the most important step to driving the economy forward.
The House of Representatives passed the Fiscal Year 2018 budget resolution, allowing tax writers to start tinkering with the tax code.
‘The American people expect and deserve better, so let’s get on with it and get it done,’ says Donohue WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today after final passage of the Budget Resolution for FY18, unlocking the process to achieve pro-growth tax reform:
Analysts need not worry about a "deficit ballooning" tax cut.
