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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Why a Growing Economy Needs Pro-Growth Tax Policy
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With a competitive tax code, economies across America grow and prosper, and workers across the country benefit from higher paychecks and more job opportunities.
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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 and the Chamber of Gettysburg and Adams County hosted U.S. Representative John Joyce for a roundtable discussion on tax reform.
Thoughtful tax policy can drive economic growth while improving fiscal responsibility. Lawmakers have the procedural tool at their disposal to do both; now is the time to use it.
On January 16, 2025, the U.S. Chamber submitted comments to the Treasury Department and IRS on proposed regulations addressing the application of the corporate alternative minimum tax (AMT) enacted as part of the Inflation Reduction Act of 2022.
The Chamber support legislation to make permanent the Section 199A deduction.
The U.S. Chamber of Commerce strongly supports H.R. 33, the “United States–Taiwan Expedited Double-Tax Relief Act,” a bipartisan bill to provide relief from double taxation in U.S. trade and investment relations with Taiwan.
Durbin issued the following statement on Treasury’s final 45V hydrogen tax credit rule issued today:
*This material has been prepared for general informational purposes only; it is not intended to provide, and should not be relied on for, legal or tax advice. Please consult an attorney or a qualified tax professional for more information.
Increasing France’s Digital Services Tax rate would damage the French economy, inflame trade tensions with the U.S., and hinder progress in international tax negotiations.
The U.S. Chamber of Commerce launched a seven-figure education program to highlight the work of elected officials in competitive 2024 races, emphasizing the need to avoid a major tax hike next year.
On October 15, 2024, the U.S. Chamber of Commerce sent a letter to the House Committee on Ways and Means Tax Teams outlining our three fundamental tax policy priorities for the next Congress and administration heading into 2025.
