The business world has its eye on the 2025 tax fight and one of its representatives in Washington, the U.S. Chamber of Commerce, has been working lawmakers.
The trade group recently called on the next Congress and administration to preserve the 21% corporate tax rate, extend a 20% deduction for pass-through businesses, revive business tax breaks, including a popular R&D benefit, and maintain “competitiveness” in the international tax system.
We talked with the Chamber’s Neil Bradley about how the group is weighing in on the expiration of the Trump tax cuts next year.