Letters to Washington
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April 11, 2025
Coalition Letter Opposing Any Effort to Increase Income Tax Rates, Including Recent Proposals to Raise the Top Individual Rate to 40 Percent
As long-time Main Street champions, we encourage you to stand strong and oppose any effort to increase income tax rates, including recent proposals to raise the top individual rate to 40 percent. This idea is presented as a modest adjustment affecting only the wealthiest Americans, but it would disproportionately harm hundreds of thousands of pass-through businesses organized as S corporations, partnerships, and sole proprietorships.