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

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.

Above the FoldSep 02, 2021 - 1:45pm
United States Capitol in autumn, Washington DC, USA

Proposed Changes to International Taxes Will Make U.S. Businesses Less Competitive and Harm American Workers

Raising taxes on businesses as part of a $3.5 trillion budget resolution will have severe negative impacts on U.S. workers and the economy.

Letters to CongressAug 23, 2021 - 8:15pm

U.S. Chamber Key Vote Letter on the Budget Resolution

This Key Vote Alert! Letter was sent to Members of the House of Representatives opposing S. Con. Res. 14, the budget resolution.

Above the FoldJul 13, 2021 - 11:00am
Young woman check prices on cans in a grocery store aisle.

We Should Take the Threat of Higher Inflation Seriously – Here are 5 Ways to Do So

A Chamber economist presents five ways Congress and the Biden administration can get in front of inflation before it is too late.

Press ReleaseJul 13, 2021 - 8:30am

U.S. Chamber Launches State Initiative that Shows Small Businesses Would be Hit Hard by President Biden’s Proposed Tax Increases

WASHINGTON, D.C. - Today the U.S. Chamber of Commerce is launching an initiative providing detailed data on how President Biden’s proposed tax increases will impact small businesses throughout each state. 

Letters to CongressJun 30, 2021 - 2:45pm

U.S. Chamber Letter on H.R. 4054, "Tribal Tax and Investment Reform Act"

This Hill letter was sent to Representatives Ron Kind and Mike Kelly and the Members of the House Committee on Ways and Means, supporting H.R. 4054, the "Tribal Tax and Investment Reform Act."

Above the FoldJun 24, 2021 - 11:30am
Corporate Tax Incrase

A Higher Corporate Tax Rate Would Hurt Our Economy. Reuters Tax Article Misses the Mark.

Raising taxes on businesses will make it less attractive for them to invest in the U.S.

ArticleJun 24, 2021 - 11:30am
The Internal Revenue Service headquarters in Washington, D.C.

Reuters is Wrong. A Higher Corporate Tax Rate Would Hurt Our Economy.

Raising taxes on businesses will make it less attractive for them to invest in the U.S.

Above the FoldJun 21, 2021 - 3:00pm
The White House in Washington, D.C. on a sunny day

President Biden’s Corporate Tax Hike Means Higher Energy Prices for Families and Businesses

Americans will be paying more for energy if Congress passes President Biden’s proposed corporate tax hike.