Tax

Coalition Letter to Congressional Leadership Supporting Tax Relief for American Families and Workers Act

We, the undersigned organizations, representing hundreds of thousands of businesses who collectively employ tens of millions of Americans in all sectors of the U.S. economy, urge Congress to immediately enact the pro-growth Tax Relief for American Families and Workers Act. Tax policy plays a critical role in the ability of American businesses to thrive, create jobs in the U.S., and effectively compete in today’s global economy.

Letter to Senate Finance Committee and House Ways and Means Committee on Tax Relief for American Families and Workers Act of 2024

On behalf of the 450 members of the National Stone, Sand & Gravel Association (NSSGA), I write to express our strong support for The Tax Relief for American Families and Workers Act of 2024 and urge Congress to pass it expeditiously. Specifically, we are encouraged to see the legislation restores immediate expensing of domestic research and development expenditures, extends 100 percent bonus depreciation, and extends enhanced interest deductibility.

Coalition Letter to Senator Daines and Congressman Smucker on the Main Street Tax Certainty Act of 2023

The undersigned business groups strongly support the introduction of your Main Street Tax Certainty Act of 2023, legislation to make permanent the 20-percent deduction for small- and individually-owned businesses (Section 199A). Your legislation would provide certainty to the millions of S corporations, partnerships and sole proprietorships that rely on the Section 199A deduction to remain competitive both here and overseas. Individually- and family-owned businesses organized as pass-throughs are the backbone of the American economy.

Coalition Letter on the Introduction of Main Street Tax Certainty Act of 2023

The undersigned business groups strongly support the introduction of your Main Street Tax Certainty Act of 2023, legislation to make permanent the 20-percent deduction for small- and individually-owned businesses (Section 199A). Your legislation would provide certainty to the millions of S corporations, partnerships and sole proprietorships that rely on the Section 199A deduction to remain competitive both here and overseas. Individually- and family-owned businesses organized as pass-throughs are the backbone of the American economy.

Coalition Letter Supporting the Death Tax Repeal Act of 2023

The undersigned organizations support your bill, the Death Tax Repeal Act of 2023. We appreciate your work to lead the country towards a commonsense tax code that does not impose a destructive double or triple tax at death. We support full and permanent repeal of the federal estate tax for the following reasons: Repealing the death tax would spur job creation and grow the economy. Many studies have quantified the potential job growth that would result from estate tax repeal. Last year the Tax Foundation found that the US could create over 150,000 jobs by repealing the estate tax.

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.

Coalition Letter to U.S. Secretary of Commerce Supporting Competition in CHIPS Incentives Program

The diverse group of construction and business associations undersigned urge the U.S. Department of Commerce to ensure public investments in the semiconductor industry are not needlessly constrained by anti-competitive and inflationary policies imposed through unlawful regulatory action. The Creating Helpful Incentives to Produce Semiconductors and Science Act provides $39 billion in federal grants, loans and loan guarantees to rebuild America’s semiconductor manufacturing capacities and allows companies a 25% advanced manufacturing investment tax credit.

Letter to Congress Supporting the Family and Small Business Taxpayer Protection Act, H.R. 23

On behalf of the undersigned organizations, we write in strong support of the Family and Small Business Taxpayer Protection Act, H.R. 23. This legislation would rescind the Inflation Reduction Act of 2022’s billions in funding for the Internal Revenue Service’s (IRS) expanded enforcement efforts, while retaining funding for the IRS to focus on improving taxpayer services and modernizing operations to serve taxpayers.

Coalition Letter Supporting the Family and Small Business Taxpayer Protection Act, H.R. 9092

On behalf of the undersigned organizations, we write in strong support of the Family and Small Business Taxpayer Protection Act, H.R. 9092. This legislation would rescind the Inflation Reduction Act of 2022’s billions in funding for the Internal Revenue Service’s (IRS) expanded enforcement efforts, while retaining funding for the IRS to focus on improving taxpayer services and modernizing operations to serve taxpayers.

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