U.S. Chamber of Commerce and Business Roundtable Gearing Up to Fight New Tax Proposals in Congress

  • The U.S. Chamber of Commerce and the Business Roundtable are gearing up to fight new tax proposals in Congress as Democrats work to finish President Biden’s social safety net and climate spending bill.
  • The proposals would target billionaires through the tax code and enact a 15% minimum corporate tax on declared income for large corporations.
  • Centrist Democrat Joe Manchin has voiced some concerns about the so-called billionaire tax.