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You are here: Home / News / Business Groups Raise Concerns with White House Budget Proposal

Business Groups Raise Concerns with White House Budget Proposal

March 13, 2023 By CollisionWeek Editor Leave a Comment

Group of 85 trade associations, including automotive groups, urges lawmakers to oppose provisions raising taxes on pass-through businesses.

A coalition of small business trade associations is calling on Federal legislators to oppose the Federal budget proposal released by the White House last week. The budget proposed by the White House would raise taxes by $5 trillion and spending by $2 trillion.

In a letter to legislators, the Main Street Employers coalition explained that it was concerned that while tax revenue is at record levels, spending growth in the proposed budget would also occur at record levels.

“The huge deficits forecast

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Filed Under: News Tagged With: legislation, Society of Collision Repair Specialists, Specialty Equipment Market Association, Tax, Tire Industry Association

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