Chamber joins Coalition Calling on Pro-Growth Agenda
The Columbia Montour Chamber joined a coalition of over 500 chambers and trade associations in calling on the next Congress and Administration to pursue a pro-growth agenda and prevent tax increases on American families and businesses. Read the letter here.
Absent congressional action, American families, workers, and businesses will be hit with the largest tax increase in American history at the end of next year.
“While the impact of a massive tax increase on individual Americans is clear, it is critical for policymakers to understand that the expiration of many pro-growth business tax reforms from the 2017 Tax Cuts and Jobs Act (TCJA) also will dramatically increase costs for families and customers, harm main street businesses, reduce take-home pay for workers, and result in the loss of innovation and American jobs,” said Neil Bradley, Executive Vice President and Chief Policy Officer at the U.S. Chamber of Commerce. “Pro-growth tax policy doesn’t just grow the overall U.S. economy; it raises wages for American workers and improves standards of living. Maintaining and improving pro-growth tax policy ensures that the U.S. remains globally competitive, retaining and attracting businesses, jobs, investment, and innovation here at home.”
Recent polling from the U.S. Chamber shows a majority (80%) of voters are concerned that increasing taxes would result in higher prices and 93% believe American families and businesses are already paying enough in taxes.
Small businesses say that a competitive tax code means local economies grow and prosper, while workers across the country benefit from higher paychecks and more job opportunities.