Taxes
America has the most innovative, dynamic, and resilient economy in history—our tax system should strengthen our economy, not undermine it. The U.S. Chamber promotes a tax system that allows taxpayers and business owners to make smart decisions about how they work, save, and invest. Low tax rates and a stable tax code allow businesses to grow the economy, create jobs for Americans, and invest for the future while supporting communities and society at large through tax revenues.
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Congress must seize this opportunity to enact H.R. 7024 and retroactively restore R&D expensing for American small and midsize businesses.
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With tax filing season starting today, it is imperative that Congress act now to avoid further negative impacts to American businesses.
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Congress urgently needs to enact legislation addressing three key business tax provisions
Further reading
- A Business Guide to the U.S. EconomyWhat business owners need to know about the current state of the U.S. economy, including how the pandemic, labor shortage, and other trends are impacting performance.Learn More
- Finance and Financial Regulation Basics for BusinessesThe basics of financing and financial regulations for businesses, including sources of financing, government regulators, and the role of financial institutions.Learn More
- Small Business Would Be Hit Hard by Corporate Tax IncreaseThere are 1.4 million small businesses, employing about 13 million Americans, that would end up paying the higher rate.Learn More
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The U.S. Chamber works with our partners in government and fights for tax policies that will help American businesses succeed at home, compete abroad, and attract global businesses to our shores.
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Latest Content
Here is your daily round-up of news and analysis as tax reform moves through Congress.
TO THE MEMBERS OF THE UNITED STATES SENATE: The U.S. Chamber of Commerce urges the Senate to consider and approve comprehensive, pro-growth tax reform legislation. The Chamber will include votes related to this legislation, including on the Motion to Proceed, in our How They Voted scorecard. Want faster economic growth? Then now is the time for the full Senate to deliver on tax reform.
Here is your daily round-up of news and analysis as tax reform moves through Congress.
To the greatest extent possible, all forms of businesses should face the same tax system.
The MetLife & U.S. Chamber of Commerce Small Business Index rose in the fourth quarter.
One of the biggest challenges business owners face is a cumbersome and complex tax code.
Here is your daily round-up of news and analysis as tax reform moves through Congress.
WASHINGTON, D.C. — U.S. Chamber of Commerce Senior Vice President and Chief Policy Officer Neil Bradley issued the following statement after the Senate Finance Committee passed its tax reform legislation out of committee:
WASHINGTON, D.C. — U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today after the House of Representatives passed the “Tax Cuts and Jobs Act:”
Here is your daily round-up of news and analysis as tax reform moves through Congress.