Coalition Letter to Budget Committee and Ways and Means Committee on the Biden Administration's Proposed Budget
The budget released today continues the Biden administration’s attack on individually- and family-owned businesses and should be strongly opposed by Congress. The more than $4 trillion in tax hikes it proposes target businesses responsible for most of the jobs and growth in this country and come at a time when federal tax collections are at record levels. The President claims his budget will only go after “super-wealthy” tax cheats, but it targets over one million small and family-owned businesses.