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U.S. Chamber’s Donohue: Tax Reform Closer Than Ever to Becoming Reality
Pro-Growth Reform Will Grow the Economy, Create Jobs, and Encourage Business Investment
WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today after the U.S. Senate passed the “Tax Cuts and Jobs Act:”
“The decades-long drive toward meaningful tax reform is closer than ever to becoming a reality. We applaud the senators who today advanced a legislative package that will grow the economy, create jobs, and allow middle-class Americans to keep more of their hard-earned money. This bill will encourage investment here in the United States as businesses hire workers, expand facilities, and buy new equipment.
“Momentum toward final passage is building rapidly with only a couple critical steps left to complete. Lawmakers are poised to deliver on the promise of a better economic future for all Americans, and I urge them to keep up the good work and finish the job without delay.”
The U.S. Chamber’s Key Vote Letter for the “Tax Cuts and Jobs Act” can be found online here. The Chamber will judge any tax reform package on whether it improves economic growth; its principles for pro-growth tax reform can be viewed here.