Dozens of business groups unite in opposition to proposed Democratic tax hikes
More than 25 business associations have united to form a coalition objecting to Democrats’ proposed “job-killing tax increases.”
The group, dubbed America’s Job Creators for a Strong Recovery, believes that raising taxes on corporations and other companies, as President Biden has proposed to pay for his administration’s infrastructure plan, will impede the U.S. economy’s recovery from the coronavirus pandemic.
“Tax increases on America’s job creators would stall the economic recovery rather than fuel it and counteract the economic benefits of smart infrastructure spending,” the coalition organizers wrote in a statement to The Hill.
The 27 groups involved include the American Hotel and Lodging Association, the International Franchise Association and the Wine and Spirits Wholesalers of America.
The alliance, according to CNBC, was formed in direct response to the Biden administration’s proposals.
The group has already conducted paid messaging research nationally and in Arizona, according to its organizers.
They say that one of their goals is shifting the narrative away from the debate over taxing the rich and large corporations to finance roads and bridges, since that rhetoric tends to get the support of Democrats, according to CNBC.
The group’s leaders said the popularity of Biden’s infrastructure proposal decreases when people begin to think about the high public spending it would require.
“The record tax hikes that Democrats are seeking to ram through could not come at a worse time for America’s job creators who are just beginning to recover from a crippling pandemic,” said Eric Hoplin, president and CEO of the National Association of Wholesaler-Distributors, one of the members leading the new coalition, in a statement to The Hill.
Main Street Employers Coalition executive director Chris Smith struck a similar note, telling The Hill, “The pandemic has taxed individually and family owned businesses enough — taxing them again while they are still struggling to recover just goes too far.”
The coalition has not yet revealed what its fundraising goals are, but it did say that it plans to focus on key states led by moderate Democrats.
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