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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TO THE MEMBERS OF THE UNITED STATES SENATE: The U.S. Chamber of Commerce strongly supports the FY 2018 Budget Resolution and associated reconciliation instructions. The Chamber applauds the Committee on the Budget for crafting this resolution as the next, essential step toward consideration of pro-growth tax reform legislation. We urge the Senate to ensure the
Congress is pretty much on schedule to pass the first truly comprehensive reform in over 30 years.
We're closely watching each step of the process.
Important First Step, but the Work is Just Beginning WASHINGTON, D.C. — U.S. Chamber of Commerce Senior Vice President and Chief Policy Officer Neil Bradley issued the following statement today after passage of the 2018 budget resolution in the U.S. House of Representatives:
One of the biggest challenges business owners face is a cumbersome and complex tax code.
“Tax reform is all about delivering more jobs, bigger paychecks, and fairness,” the House Ways and Means Chairman said at the U.S. Chamber.
This coalition letter, signed by 248 associations and state and local chambers of commerce, was sent to all members of the U.S. Congress urging them to expeditiously pass a budget resolution with reconciliation instructions so that the promise of tax reform can be made a reality.
Donohue: Work Quickly to Pass Budget Resolution, Unlock the Potential of Pro-Growth Tax Reform WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today regarding the tax reform framework released by Republican congressional leadership and the Trump administration:
In this article, Foster explains that getting expensing right is a key part of improving neutrality regarding business investment.