The United States Chamber of Commerce is pretty much the gold standard when it comes to indicating the political opinions of corporate America. For this reason, it’s a bit curious that one of the nation’s biggest business lobbies isn’t doing what you’d expect in the face of growing momentum toward raising corporate rates. Indeed, it kinda sorta feels like the hoary anti-tax juggernaut is kinda sorta being squishy.
Instead of saying it opposes tax hikes, outright, it’s saying that Joe Biden’s bid to raise taxes in order to pay for infrastructure and other programs in the national interest will undermine chances of getting bipartisan support in the US Congress. Per the Times: