Industry Groups Form Coalition to Fend Off Biden Tax Hikes

May 25, 2021, 2:32 PM

Nearly three dozen groups representing industries from brick manufacturers to food and beverage distributors have formed an alliance to fight Democrats’ plans to raise taxes, arguing President Joe Biden’s proposed increases would kill job creation and stall the U.S. economic recovery.

The coalition of 28 industry groups, called “America’s Job Creators for a Strong Recovery,” is led by the National Association of Wholesaler-Distributors. Its members include Associated Builders and Contractors and the National Grocers Association.

Biden has proposed nearly $4 trillion in government spending on infrastructure and social programs that would be funded by higher taxes on corporations and ...

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