US Chamber to Ask Congress to Preserve 21% Corporate Tax Rate

The US Chamber of Commerce called on Congress to keep the 21% corporate tax rate and revive expiring parts of the 2017 Republican-led tax law.

The Chamber said in a policy statement Monday the law would lead to continued economic growth if extended, with new resources aimed at making its case to lawmakers and candidates on the ballot in November. Economic analyses and lists of priorities like the Chamber’s are filling up lawmakers’ desks as groups ramp up their Hill advocacy ahead of next year’s tax cliff.

“The U.S. Chamber ...