Dear Members of Congress,
On behalf of millions of employers across the country, we write to express our strong support for the Working Families Tax Cut Act. This legislation demonstrates that Congress stands with the businesses that form the backbone of the American economy.
Failing to act would have resulted in the largest tax increase on businesses in our nation’s history. That tax hike would have fallen disproportionately on the 95 percent of American businesses organized as pass‑through entities—S corporations, partnerships, and sole proprietorships. These businesses employ 63 percent of private‑sector workers and generate the majority of business income in the United States.
We especially appreciate the provisions that preserve rate parity between pass‑through businesses and C corporations, allowing Main Street companies to compete on a more equal playing field with their larger corporate competitors. Just as important, these provisions provide certainty so business owners can invest, grow, and plan for the future.
Restoring 100 percent bonus depreciation, reinstating full expensing for research and experimentation costs, and easing interest‑expense caps will encourage the capital formation needed to modernize operations, support workers, and strengthen communities in the years ahead. These reforms will also help keep prices lower for families.
Voters understand the consequences of higher taxes on businesses. A Winston Group survey from last year found that voters clearly recognize that increased business taxes ultimately hurt workers and consumers alike.
By enacting this legislation, you have made a lasting difference for countless Main Street businesses across America. We thank you for your leadership and look forward to continuing to work with you to advance policies that support a strong economy.
Sincerely,
AICC
The Independent Packaging Association
Air Conditioning Contractors of America
American Building Materials Alliance
American Council of Engineering Companies
American Council of Independent Laboratories
American Foundry Society
American Hotel and Lodging Association
American Lighting Association
American Pipeline Contractors Association
American Subcontractors Association
American Supply Association
AmericanHort
Associated Builders and Contractors
Associated Equipment Distributors
Associated General Contractors of America
Center for a Free Economy
Coalition of Franchisee Associations
Distribution Contractors Association
Door Security and Safety Foundation
Energy Marketers of America
Family Business Association of California
Family Business Coalition
FCA International
Foodservice Equipment Distributors Association
GAWDA
Glass Packaging Institute
Health & Fitness Association
Heating, Air‑conditioning, & Refrigeration Distributors International
ICSC
Independent Bakers Association
Independent Community Bankers of America
Independent Electrical Contractors
Industrial Fasteners Institute
International Foodservice Distributors Association
International Franchise Association
International Sign Association
Job Creators Network
Leading Builders of America
Main Street Employers Coalition
Metal Construction Association
Metals Service Center Institute
Missouri Soybean Association
Mortgage Bankers Association
Nareit
National Association of Convenience Stores
National Association of Electrical Distributors (NAED)
National Association of Home Builders
National Association of Wholesaler‑Distributors
National Automatic Merchandising Association (NAMA)
National Beer Wholesalers Association
National Cattlemen's Beef Association
National Cotton Council
National Electrical Contractors Association (NECA)
National Electrical Manufacturers Representatives Association (NEMRA)
National Energy & Fuels Institute (NEFI)
National Federation of Independent Business
National Insulation Association
National Lumber and Building Material Dealers Association (NLBMDA)
National Onion Association
National Ready Mixed Concrete Association
National Restaurant Association
National Roofing Contractors Association
National RV Dealers Association (RVDA)
National Small Business Association
National Stone, Sand & Gravel Association
National Tooling and Machining Association
National Utility Contractors Association
North American Association of Food Equipment Manufacturers (NAFEM)
North American Die Casting Association
Pennsylvania Utility Contractors Association
Performance Racing Industry (PRI)
Petroleum Equipment Institute (PEI)
Plastics Pipe Institute
Power & Communication Contractors Association
Precision Machined Products Association
Precision Metalforming Association
Recycled Materials Association
S Corporation Association
Small Business & Entrepreneurship Council
Small Business Legislative Council (SBLC)
Society of Collision Repair Specialists (SCRS)
Specialty Equipment Market Association (SEMA)
Spray Polyurethane Foam Alliance
Subchapter S Bank Association
Textile Care Allied Trades Association
The Association for Hose and Accessories Distribution
The Hardwood Federation
The Real Estate Roundtable
The Recycled Materials Association
Tile Roofing Industry Alliance
Truck Renting and Leasing Association
U.S. Chamber of Commerce
Wine and Spirits Wholesalers of America
Woodpack Global
Wyoming Stock Growers Association
