U.S. House of Representatives Committee on Ways and Means
08/07/2022 | Press release | Distributed by Public on 08/07/2022 06:14
Industries, Business Leaders, Taxpayer Orgs: Manchin-Biden Build Back Better Harms Economy, Kills Jobs
Industries, Business Leaders, Taxpayer Orgs: Manchin-Biden Build Back Better Harms Economy, Kills Jobs
Opposition grows to Democrats' tax-and-spend bill that would crush economy
August 7, 2022 - Bidenflation - Blog - Health - Oversight - Press Releases - Select Revenue Measures
Democrats' Manchin-Biden Build Back Better would destroy American innovation, raise taxes on lower- and middle-income workers, result in greater more for all Americans, and push the economy further into an inflationary death spiral - all at a time when American families and small businesses are suffering under record-high inflation and a worker shortage.
READ: Schumer-Manchin Tax Hikes Land on Working Americans
Americans across the country, including business leaders, economic organizations, and taxpayer rights advocates, announced their opposition to the bill. Here's a list with links to their objections:
American Coalition for Taxpayer Rights
American Exploration & Production Council (AXPC)
America First Policy Institute (AFPI)
Amgen
Associated Builders & Contractors (ABC)
Associated General Contractors of America
Association for Accessible Medicines (AAM)
Association for Accessible Medicines (AAM)
Association of Mature American Citizens (AMAC)
Biotechnology Innovation Organization (BIO)
Center for Individual Freedom (2021)
Coalition of Minority Owned Businesses (2021)
Coalition of 14 Real Estate Organizations (2021)
Competitive Enterprise Institute (2021)
Concerned Women for America
Council for Affordable Health Coverage
Council for Citizens Against Government Waste
Council of State Bioscience Associations
Independent Electrical Contractors
National Association of Home Builders
National Association of Manufacturers (NAM)
National Association of Small Trucking Companies
National Association of Wholesaler-Distributors
National Black Chamber of Commerce (2021)
National Multifamily Housing Council (2021)
National Restaurant Association
National Venture Capital Association
Pfizer
Pink Sheet: Informa Pharma Intelligence"
Small Business and Entrepreneurship Council
Taxpayers Protection Alliance (2021)
READ: Brady on Manchin-Biden Bill: Attention Wal-Mart Shoppers-More IRS Audits Headed Your Way
READ: Study: Democrats' Price Controls Would Have Killed 104 Cures We Have Today
READ: The Top Five Most Nefarious Loopholes in Democrats' New Book Minimum Tax
READ: Democrats Take Aim at American Manufacturing With Manchin-Biden Build Back Better Tax Hikes