U.S. Chamber of Commerce Small Business Nation® was founded specifically to help startups and small businesses succeed. We're dedicated to ensuring that regulations don’t impose an unnecessary burden on business owners or stifle economic growth and job creation. Our nationally recognized team of lobbyists and policy experts will fight for your interests every day on Capitol Hill, in the courts, before the White House, and in federal regulatory agencies.
We also give members the everyday tools they need to succeed as entrepreneurs. These include:
- The latest business news and numbers delivered to your inbox in our newsletter, The Startup Rundown.
- Access to FREE resources to boost your small business or startup.
- Access to our library of business toolkits.
- Insights from some of America's most innovative entrepreneurs and business leaders in our exclusive webinar series.
WHAT ARE WE FIGHTING FOR?
- Tax reform legislation to lower the tax rates on all businesses to a level that will enable U.S. businesses to compete successfully in the global economy, attract foreign investment to the U.S., increase capital for investment, and drive job creation in the U.S.
- In addition to reducing tax rates, tax reform should allow for faster cost recovery so businesses can put money back into their pockets more quickly.
- In the international arena, the current worldwide tax system should be replaced with a territorial system for the taxation of income earned globally to enable U.S. businesses to compete successfully in the global economy, as well as domestically against foreign firms, and to promote economic growth domestically.
- Changes should be permanent to ensure certainty for businesses striving to expand, create jobs, and remain competitive in the U.S. and abroad.
- Congress should enact simple, predictable and easy to understand tax rules to improve compliance and reduce the cost of tax administration.
- Tax reform legislation should ensure industry-specific neutrality and avoid special tax benefits or penalties targeted to one industry versus another. Tax reform should allow the marketplace, not the tax system, to allocate capital and resources.
- Comprehensive tax reform should include realistic transition rules to provide adequate time for implementation and help minimize economic hardships businesses may encounter in transitioning to the new tax system.