Taxes

The Chamber continues to fight for a 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.

Tax Reform: Unleashing American Growth

Washington passed the first major tax reform in more than three decades. 

Explore the map to see how companies responded.

 

 

 

Priorities

 Tax Policy
  • Advocate for continued pro-growth tax policies in relevant tax legislation (e.g., tax extenders, technical corrections bills). 
  • Continue to work with the administration on regulations and other guidance to implement the Tax Cuts and Jobs Act. 
  • Continue to work with the administration, Congress, foreign governments, and governing organizations to achieve a multilateral consensus on the taxation of the digital economy. 
  • Prevent rollback of any parts of the pro-growth tax reform bill enacted in 2017. 
  • Oppose anti-growth tax policy proposals.
Economic Policy 
  • Continue to defend the importance of central bank independence for sound, pro-growth monetary policy. 
  • Continue to advocate for responsible fiscal policy, including entitlement reform, deficit reduction, and debt management.
Economic Development 
  • Advocate for effective implementation and utilization of Opportunity Zones and similar economic development programs. 

Our Priorities

Recent Activity

Press ReleaseOct 13, 2021 - 10:00am

U.S. Chamber Launches Second Wave of Television Advocacy Campaign Against Reconciliation Bill

WASHINGTON, D.C. – The U.S. Chamber of Commerce today launched a significant, six-figure paid advertising campaign in opposition to the multi-trillion reconciliation bill that poses a significant threat to the American economy.

CommentOct 06, 2021 - 10:15am

Inclusive Framework Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalization of the Economy

This comment was submitted to the U.S. Department of Treasury on October 6, 2021.

Press ReleaseOct 05, 2021 - 8:00am

New U.S. Chamber Study Shows Stock Buybacks Benefit All Shareholders

The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness (CCMC) today released a new study detailing how stock buybacks benefit investors, reduce volatility, and promote efficient capital allocation.

Above the FoldOct 04, 2021 - 10:30am
GILTI

The Biden Administrations’ Plan to Raise our Global Minimum Tax and Apply Another Makes No Sense

The Biden administration is so eager to raise taxes on businesses that it is trying raise our existing global minimum tax while simultaneously imposing another, redundant global minimum tax. Both policies are misguided. Raising taxes on U.S. multinational businesses will hurt American workers through fewer jobs and lower wages.

Above the FoldOct 01, 2021 - 9:15am
Capitol Building with blue sky from side view, Washington DC

All Reconciliation Tax Hikes Are Harmful – A Sampling of the Worst

Congress is working to significantly raise taxes on businesses, workers and American families to fund the $3.5 trillion reconciliation bill.

Press ReleaseSep 22, 2021 - 8:00am

U.S. Chamber Launches Television Advocacy Campaign Against $3.5 Trillion Reconciliation Bill

The U.S. Chamber of Commerce today launched a six-figure paid advertising campaign in opposition to the $3.5 trillion plus reconciliation bill that poses a significant threat to the American economy.

Letters to CongressSep 15, 2021 - 3:45pm

U.S. Chamber Key Vote Letter on Reconciliation

This Key Vote Alert! Letter was sent to Members of the House of Representatives opposing reconciliation.

Press ReleaseSep 13, 2021 - 5:00pm

U.S. Chamber Strongly Opposes House Democrats’ Reconciliation Tax Proposal

WASHINGTON, D.C. – U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley released the following statement today after House Democrats released text of their reconciliation tax proposal: 

Above the FoldSep 10, 2021 - 4:15pm
United States Capitol, washington d.c.

Don’t Lose the Forest Through the Trees: Tax Hikes Will Harm the Economy and American Workers

The tax hikes Congress is considering tax will greatly weaken our economy, which will reduce job creation and wage growth for Americans.