To Members of the United States Congress:
The undersigned organizations urge you to pass a permanent extension of the individual, business, and estate tax reforms in the 2017 Tax Cuts and Jobs Act (“TCJA”). These provisions have been instrumental in growing the economy, raising wages, and creating more jobs.
Before the 2017 tax reforms, the average hourly earnings for production and nonsupervisory workers were growing at a rate of 2.4% per year in 2016 and 2017. After the tax cuts, however, wage growth for these workers increased to 3.7% by October 2019. Thanks to these gains, by April 2020, the average production and nonsupervisory worker was earning about $1,400 more per year than the previous trend would have predicted.
Now Congress has the opportunity to make these policies permanent as part of the “One Big Beautiful Bill Act." Doing so would provide businesses the certainty and stability they need to make the long-term investments that drive growth, accelerate productivity, and increase prosperity across all segments of the economy.
Sincerely,
National
Alliance for Chemical Distribution
American Beverage
American Chemistry Council
American Cleaning Institute
American Forest & Paper Association
American Foundry Society
American Hotel and Lodging Association
American Land Title Association
Associated Equipment Distributors
Brick Industry Association
Career Education Colleges and Universities
Energy Equipment and Infrastructure Alliance
Finseca
Foodservice Equipment Distributors Association
Forest Resources Association
Independent Petroleum Association of America
International Franchise Association
International Sign Association
Meat Institute
Metals Service Center Institute
Mortgage Bankers Association
National Association of Insurance and Financial Advisors
National Drug & Alcohol Screening Association
National Pork Producers Council
National Roofing Contractors Association
National Wooden Pallet & Container Association
U.S. Chamber of Commerce
Valve Manufacturers Association
Vinyl Institute
Alabama
Mobile Chamber
Mountain Lakes Chamber of Commerce
Opelika Chamber of Commerce
Prattville Area Chamber of Commerce
SouthWest Mobile County Chamber of Commerce
Alaska
Alaska Chamber
Greater Fairbanks Chamber of Commerce
Arizona
Buckeye Valley Chamber of Commerce
Chandler Chamber of Commerce
Greater Flagstaff Chamber of Commerce
Greater Phoenix Chamber
Green Valley Sahuarita Chamber of Commerce & Visitor Center
Nogales Santa Cruz County Chamber of Commerce
Arkansas
Arkansas State Chamber / AIA
California
Colusa County Chamber of Commerce
Fresno Chamber of Commerce
Gateway Chambers Alliance
Hawthorne Chamber of Commerce
Lake Elsinore Valley Chamber of Commerce
Lincoln Area Chamber of Commerce
Long Beach Chamber of Commerce
Norwalk Chamber of Commerce
Orange County Business Council
Palm Desert Area Chamber of Commerce
Palos Verdes Peninsula Chamber of Commerce
San Juan Capistrano Chamber of Commerce
Santa Barbara South Coast Chamber of Commerce
Connecticut
CBIA
Florida
Daytona Regional Chamber of Commerce
Florida Chamber of Commerce
Georgia
Alliance for Dade
Gwinnett Chamber of Commerce
Habersham County Chamber of Commerce
Murray County Chamber of Commerce
Hawaii
Chamber of Commerce Hawaii
Idaho
Idaho Association of Commerce and Industry
Illinois
Edwardsville/Glen Carbon Chamber of Commerce
GLMV Chamber of Commerce
Greater Oak Brook Chamber of Commerce
Illinois Chamber of Commerce
McLean County Chamber of Commerce
Naperville Area Chamber of Commerce
Quad Cities Chamber of Commerce
Indiana
Perry County Chamber of Commerce
Iowa
Greater Des Moines Partnership
Iowa Association of Business and Industry
Mason City Chamber of Commerce
Quad Cities Chamber of Commerce
Louisiana
Central Louisiana Regional Chamber of Commerce
Houma Terrebonne Chamber of Commerce
Maine
Maine State Chamber of Commerce
Michigan
Lansing Regional Chamber
Michigan Chamber of Commerce
Minnesota
Greater Mankato Growth
Hermantown Area Chamber of Commerce
Minnesota Chamber of Commerce
Rochester Area Chamber of Commerce
Mississippi
Area Development Partnership - Greater Hattiesburg
Missouri
Kearney Chamber of Commerce
Montana
Billings Chamber of Commerce
Kalispell Chamber of Commerce
Nebraska
Columbus Area Chamber of Commerce
Greater Omaha Chamber
Kearney Area Chamber of Commerce
Lincoln Chamber of Commerce
Nevada
Boulder City Chamber of Commerce
Henderson Chamber of Commerce
Vegas Chamber
New Jersey
New Jersey State Chamber of Commerce
New Mexico
Gallup McKinley County Chamber of Commerce
New York
Capital Region Chamber
North Carolina
Greater Fayetteville Chamber
Perquimans County Chamber of Commerce
Wilmington Chamber of Commerce
North Dakota
Greater North Dakota Chamber
Ohio
Greater Springfield Partnership
The Huber Heights Chamber of Commerce
Licking County Chamber of Commerce
Toledo Regional Chamber of Commerce
Oklahoma
Claremore Area Chamber of Commerce
Tulsa Regional Chamber
Oregon
Oregon Business & Industry
Portland Metro Chamber
Springfield Area Chamber of Commerce
Pennsylvania
Forward Lawrence Chamber and Economic Alliance
Greater Latrobe Laurel Valley Regional Chamber of Commerce
Harrisburg Regional Chamber
Indian Valley Chamber of Commerce
Pennsylvania Chamber of Business and Industry
Schuylkill Chamber of Commerce
Shenango Valley Chamber of Commerce
Westmoreland County Chamber of Commerce
South Carolina
Greater Summerville/Dorchester County Chamber of Commerce
Greenville Chamber
Hilton Head Island - Bluffton Chamber of Commerce
South Carolina State Chamber
Upstate Chamber Coalition
Tennessee
Lawrence County Chamber of Commerce
Tennessee Chamber of Commerce & Industry
Texas
Bryan-College Station Chamber of Commerce
Baytown Chamber of Commerce
Greater Houston Partnership
Longview TX Chamber of Commerce
Metrocrest Chamber of Commerce
North Texas Commission
Tyler Area Chamber of Commerce
Virginia
Central Fairfax Chamber of Commerce
Colonial Beach Chamber of Commerce
Culpeper County Chamber of Commerce
Fredericksburg Regional Chamber of Commerce
Hampton Roads Chamber
Washington
Burlington Chamber of Commerce
Lakewood Chamber of Commerce
Washington Retail Association
West Virginia
West Virginia Chamber of Commerce
Wisconsin
Wisconsin Manufacturers & Commerce
Wyoming
Greater Cheyenne Chamber of Commerce
Riverton Chamber and Visitors Center
Wyoming Chamber of Commerce
