U.S. Chamber of Commerce Petition to Lower Tax Rates on Small Businesses
Taxes on small businesses are the highest they have ever been in recent years. Small businesses have to pay many different taxes such as, corporate Income tax, capital gains tax, and alternate minimum tax. On top of all of the federal taxes, many companies have to pay state taxes and tariffs for international imports. It is in the best interest of the U.S. Chamber of Commerce and the American public alike to lower taxes on small businesses. We at The U.S. Chamber of Commerce believe that small businesses and the private sector are catalysts for economic growth. By keeping more money in the wallets of small businesses owners, they will be able to produce more products or expand in any way that suits them (ie. hire mor