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Our tax code is a drag on growth, wages, and global competitiveness. U.S. businesses will increasingly struggle to compete around the world and remain strong at home if we don’t modernize our antiquated and complex tax code. The Chamber is fighting for a smarter, streamlined tax system allowing taxpayers to make smarter decisions about how they work, save, and invest, and unleashing the power of American businesses—large and small—to create jobs. 

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We need your help to get tax extenders passed --> urge Congress to act https://t.co/CRnU6jvXdP, https://t.co/mBU6tcn8sM


American companies need tax extenders to compete globally. Urge Congress to act now. https://t.co/CRnU6jvXdP


Let’s give American businesses the certainty they need to succeed. Urge Congress to act https://t.co/CRnU6jvXdP, https://t.co/mBU6tcn8sM


Our Position

The Chamber is committed to comprehensive reforms to the American tax system that will attract international investment, encourage innovation, foster economic growth and job creation, and increase American global competitiveness. To that end the Chamber is advancing a pro-growth tax agenda to lower tax rates for businesses and individuals alike, establish a more economically rational tax base, and simplify compliance and administration.

Our priorities include:

  • Lower Rates: Lowering the U.S. business tax rate—the highest in the advanced world—would reduce or even eliminate the competitive disadvantage American businesses face in the global economy, encourage investment from both domestic and foreign sources, and  drive job creation in the United States.
  • Allow capital Investment: Tax reform should eliminate the bias in the current U.S. tax system against capital investment.
  • Shift to Territorial System: We should replace our system of worldwide taxation with a territorial system so that businesses aren’t double-taxed on income earned overseas. This would help American companies compete globally while promoting economic growth at home.
  • Ensure Industry Neutrality: Tax reform legislation should ensure all industries are treated equally under the tax law, eschewing special tax benefits or penalties targeted to one industry versus another.  The reformed tax code should allow the marketplace, not the tax system, to allocate capital and resources.
  • Set Clear Rules of the Road: Tax rules should be simple, predictable, and easy-to-understand to improve compliance and reduce the cost of administration.
  • Provide a Smooth Transition: Comprehensive tax reform should include simple, realistic transition rules to provide adequate time for implementation and help minimize hardships businesses may encounter in transitioning to the new tax system.
  • Promote Certainty: Comprehensive tax reform changes should be made permanent to ensure certainty for businesses striving to expand, create jobs, and remain competitive in the United States and abroad.


To learn more, visit FairReform.com.

Take Action

  • Visit FairReform.com for more information about comprehensive tax reform.


The latest updates across all U.S. Chamber properties

E.g., 11/30/2015
E.g., 11/30/2015

These letters applauding the introduction of H.R. 3663 and S. 2117, bills to prevent certain discriminatory taxation of natural gas pipeline property, were sent to Reps. Flores and Green and Sen. Cornyn, respectively.

6 days 23 hours ago
Above the Fold

Taxes influence human behavior.  On the surface this would seem one of the few statements on which universal agreement prevails among economists and quasi-economists alike.  But for some, the agreement is occasional. One might even say it’s a matter of convenience.

1 week 3 days ago

We are writing letters to the next president to share our vision for the business community.

See our advice—and share yours—for the 45th president.