Advocacy in Action: Springfield Chamber Joins Coalition Letter Preserving the B-SALT Deduction
In a continued commitment to championing transparent, growth-oriented tax policy, the Springfield Area Chamber of Commerce has signed on to a national coalition letter urging Congress to preserve the federal deduction for state and local business taxes in the tax provisions of the 2017 Tax Cuts and Jobs Act (TCJA), known as the B-SALT deduction.
The letter, organized by the U.S. Chamber of Commerce and co-signed by hundreds of business organizations nationwide, calls on lawmakers to prevent a backdoor tax increase on American businesses by maintaining the deduction as a core feature of federal tax law.
For the Springfield Chamber, the decision reflects its broader advocacy priorities: supporting tax policies that stimulate economic growth, ensure fairness across all sectors, and promote fiscal responsibility. In Oregon, businesses that qualify for the 20% pass-through deduction in the TCJA account for 54% of private sector employment, including sole proprietorships, partnerships, limited liability companies, and S-corporations. The collective tax benefit of this deduction equals up to $2,333,120,000 statewide.
“All told, limiting the B-SALT deduction would raise taxes on American businesses of all sizes by more than $600 billion, significantly undermining the pro-growth elements of the TCJA that Congress otherwise seeks to preserve. This would cause lasting harm to the U.S. economy by depriving American businesses of the resources they need to invest, hire, and grow.“
– From the U.S. Chamber of Commerce B-SALT Coalition Letter
The full coalition letter was submitted to Members of Congress in April and is available on the U.S. Chamber’s website.
Springfield Area Chamber of Commerce Business Advocacy
The Springfield Area Chamber of Commerce is a trusted convener and provider of business resources. They recognize the systemic interdependencies of a healthy economy and provide an ear and a voice for local business at the confluence of government, commerce, and community. They advocate for business by increasing visibility, dialogue, and representation at local, state, and federal policy circles around issues of impact and interest to their members. Learn more about the Chamber’s Business Advocacy work.
More about the US Chamber
The Chamber of Commerce of the United States is the world’s largest business organization. Our members range from the small businesses and chambers of commerce across the country that support their communities, to the leading industry associations and global corporations that innovate and solve for the world’s challenges, to the emerging and fast-growing industries that are shaping the future. For all of the people across the businesses we represent, the U.S. Chamber of Commerce is a trusted advocate, partner, and network, helping them improve society and people’s lives.
