Business groups form coalition to oppose all tax hike proposals by Democrats

 Business groups form coalition to oppose all tax hike proposals by Democrats

Recruiters looking to fill positions at O’Hare International Airport meet with candidates during a job fair at the airport on May 19, 2021 in Chicago, Illinois.

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More than two dozen groups representing U.S. businesses and employers unveiled a new coalition Tuesday to fight against virtually all of the Democrats’ plans to raise taxes on self-described “job creators.”

The coalition of 28 industry groups, which have locked arms under the name “America’s Job Creators for a Strong Recovery,” argues that hiking taxes on corporations and other businesses will hamper the U.S. economy in the wake of the coronavirus pandemic.

The alliance emerges in direct opposition to President Joe Biden’s administration, which is pushing Congress to pass trillions of dollars in spending on infrastructure and a slew of other projects that will be paid for in large part by raising rates on corporations and the richest…

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