The U.S. Chamber is committed to comprehensive reforms to the American tax system that will foster economic growth, increase American global competitiveness, and attract international investment and innovation. A smarter, streamlined tax system would allocate taxpayer dollars more effectively and unleash the power of American businesses—large and small—to create jobs. To that end, the Chamber is advancing a pro-growth tax agenda that would lower rates for corporations and individuals alike, broaden the base, and simplify compliance. We must also establish tax policy on a permanent basis so businesses have the confidence and certainty to expand, hire, and invest, and so they can compete in the global economy.
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Today, April 21, marks the first day of the year that we get to keep the money we’ve earned for ourselves instead of it going to pay federal, state, and local taxes. That means Americans have worked 111 days (since Jan. 1), just to pay for the government.