Industry Groups Form Coalition to Fend Against Biden Tax Hikes
- Biden proposed to roll back some of Trump corporate-tax cut
- Higher corporate taxes envisioned to pay for infrastructure
Joe Biden
Photographer: Shawn Thew/EPA/Bloomberg
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Nearly three dozen groups representing industries from brick manufacturers to food and beverage distributors have formed an alliance to fight Democrats’ plans to raise taxes, arguing President Joe Biden’s proposed increases would kill job creation and stall the U.S. economic recovery.
The coalition of 28 industry groups, called “America’s Job Creators for a Strong Recovery,” is led by the National Association of Wholesaler-Distributors. Its members include Associated Builders and Contractors and the National Grocers Association.