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LANSING, MI – The Lansing Regional Chamber of Commerce (LRCC) has joined the U.S. Chamber of Commerce and numerous other organizations in urging Congress to extend key provisions of the 2017 Tax Cuts and Jobs Act (TCJA). These pro-growth tax policies have played a vital role in raising wages, supporting job creation, and helping families navigate the challenges of inflation.

The LRCC believes that making the TCJA permanent would prevent a potential $4 trillion tax increase on American businesses and families, while ensuring long-term economic stability and encouraging future investments. By adopting a current-policy baseline, Congress can secure the tax relief businesses need to continue making investments that will drive growth and productivity in the economy.

“We recognize that thoughtful tax policies can fuel economic growth and improve fiscal responsibility,” said Tim Daman, President & CEO of the Lansing Regional Chamber of Commerce. “Extending the provisions of the 2017 Tax Cuts and Jobs Act will give businesses the certainty they need to make long-term investments, create jobs, and strengthen communities across the country, including here in the Lansing region.”

The LRCC is committed to supporting legislation that fosters a competitive business environment and promotes economic prosperity for businesses of all sizes. The extension of the TCJA provisions is critical to maintaining the progress that has been made in job creation and wage growth in recent years.

For further information, please read the full letter from the U.S. Chamber of Commerce to Congress.

About the Lansing Regional Chamber of Commerce: The Lansing Regional Chamber of Commerce works relentlessly to help businesses connect, grow, and thrive. No mid-Michigan business stands alone when they are a member of the Chamber. For 124 years, the Lansing Chamber has served as the voice of the Greater Lansing business community. More information about LRCC and its programs and services can be found online at lansingchamber.org, Facebook, Instagram (@lansingregionalchamber), Twitter (@lansingchamber) and LinkedIn.