Americans Back Pro-Growth Tax Policies

Americans strongly support pro-growth tax provisions in the One Big Beautiful Bill Act (OBBBA), according to a new U.S. Chamber poll. The data shows robust backing for tax policies that promote business investment, innovation, and job creation.

• "Something may be getting lost in translation when people just describe it as 'one big, beautiful bill' and so we're releasing polling data to really help inform the debate that when you do ask people about the particulars, there's strong support here," U.S. Chamber Executive Vice President Neil Bradley, told Fox Business.

Why it matters: Critical pro-growth provisions of the 2017 Tax Cuts and Jobs Act (TCJA) were set to expire at the end of this year—triggering a historic automatic tax increase.

• The OBBBA delivers the certainty and stability businesses need to plan confidently, invest in innovation, and create jobs—strengthening the American economy and helping raise wages for workers.

By the numbers:

• 71% say they would be more likely to support a candidate for Congress who voted to make the TCJA permanent.
• 65% support permanently extending key pro-growth provisions of the TCJA set to expire at the end of 2025.
• 62% support permanently allowing businesses to fully expense investments in machinery, equipment, and technology—policies essential for growth and competitiveness.
• 67% favor permanently restoring the deduction for research and development to allow for more investments in innovation that benefit consumers.
• 64% support permanently restoring the less restrictive deduction for business interest expenses, helping companies expand in communities and hire more workers.

What we're doing: The U.S. Chamber, along with state and local chambers, has organized roundtables with lawmakers and local business leaders to show how the permanent, pro-growth tax provisions of the OBBBA will enable businesses to invest more in their communities, create jobs, and increase worker paychecks. These events will continue across the country over the coming months.
 

TOP OF MIND

Small Businesses Face a $200 Billion Tariff Tax

• Based on country-level tariffs announced on July 31 (or where applicable the existing tariff rate) to the known-level of small business imports, American small businesses will shoulder a $202 billion annual tariff tax burden.

Why it matters: Tariffs are a tax on the entire economy and add to small businesses' costs, impacting their ability to remain competitive and profitable.

Our take: U.S. Chamber Executive Vice President Neil Bradley told NewsNation that while U.S. businesses remain resilient and innovative they need pro-growth policies from Washington.

• "If we can get some of these policies right—like we did on the tax bill... we could be growing faster."

What we're doing: The U.S. Chamber is pressing for tariff relief for small businesses and for products that cannot be made in the U.S. or that put American jobs at risk.

Go deeper:

• Tariffs Rise for American Businesses. Higher Prices Loom for Consumers