U.S. Chamber Statement on Chairman Camp’s Tax Proposal

Wednesday, February 26, 2014 - 3:15pm

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten issued the following statement today regarding the tax reform discussion draft released by House Ways and Means Committee Chairman Dave Camp:

“Chairman Camp has highlighted a much-needed discussion about how best to comprehensively reform the tax code, but the Chamber is concerned about the negative impact some of the proposals in his current plan could have on our still struggling economy. We have long advocated for tax reform as a catalyst for creating jobs, economic growth, and stronger international competitiveness. Even Chairman Camp would be the first to admit that his plan is not the end of the road but just the next step in a long journey. We will review these proposals in greater detail and offer our recommendations for ensuring they will help—rather than hurt—economic growth, business confidence, and international competition.

“The U.S. Chamber will remain engaged in what we expect will be a robust debate over the best means to accomplish the goal of comprehensive tax reform, and we look forward to working with Chairman Camp and other members of the House and Senate to continue advocating for our members’ priorities.”

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.