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.
- 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.
- 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.
- 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.
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.
The American Rescue Plan includes initiatives to help small employers, including expanded COVID-19 vaccine tax credits and a streamlined PPP forgiveness portal.
Small business advice from CO—
- Jan 19, 2022Treasury Issues Final Rule Allowing ARP Fund Recipients More Flexibility
The Department of Treasury released a final rule giving state and local recipients of American Rescue Plan funds more flexibility in the spending of those funds.
- Dec 21, 2021Privacy and Trust Are in Jeopardy If IRS Gains Power to Monitor Bank Accounts
Empowering the IRS to monitor bank accounts for financial information will hurt the banking system and businesses by violating their privacy.
- Dec 09, 2021Comments to Department of the Treasury on Canadian Proposal to Enact a Retroactive Digital Services Tax (DST)
These Comments were submitted to the Department of the Treasury, on a Digital Services Tax in Canada.
- Nov 18, 2021Coalition Letter on Reconciliation
This Coalition letter was sent to the Members of the United States Congress, opposing H.R. 5376, the reconciliation bill.
- Nov 18, 2021U.S. Chamber Key Vote Letter on H.R. 5376, the Reconciliation Bill
This Key Vote Alert! letter was sent to the Members of the U.S. House of Representatives, opposing H.R. 5376, the reconciliation bill.
- Nov 10, 2021U.S. Chamber Letter on the Reconciliation Legislation's Budgetary Impact
This Hill letter was sent to the Members of the United States Congress, on the budgetary impact of H.R. 5376, the reconciliation bill.
- Nov 05, 2021Unworkable Policy and Dangerous Precedent – A Corporate Minimum Tax on Financial Statement Income
A corporate profits minimum tax would be terribly complicated and have many unforeseen consequences.
- Oct 26, 2021Bipartisan Senate Bill Would Give States Greater ARP Funds Flexibility
This is a bipartisan, commonsense bill that would be helpful in getting unspent COVID funds to much-needed infrastructure projects.
- Oct 25, 2021Coalition Letter on the Department of the Treasury's Tax Reporting Proposal
This Coalition letter was sent to the President of the United States on the Department of the Treasury's tax reporting proposal.