The Chamber

• Support efforts to make the Bush tax cuts permanent; reduce the capital gains tax; reduce the tax on dividend income; make tax extenders (e.g., the Research and Experimentation Tax Credit, the Work Opportunity Tax Credit, and the Welfare to-Work Credit) permanent; improve the Research and Experimentation Tax Credit; enact enhanced tax-deferred savings vehicles; and otherwise advance simplification of, and ease of compliance with, the Internal Revenue Code.
• Support efforts to eliminate the Alternative Minimum Tax
• Monitor tax reform efforts by the Bush administration and Congress to ensure that concerns of Chamber members are accounted for.
• Protect the long-term health and competitiveness of the U.S. capital markets by supporting sensible reforms to restore investor confidence while opposing unethical and criminal behavior. Advocate for policy changes that support continued stability, transparency, fairness, and innovation in our capital markets. Protect our capital markets from overregulation and unfair enforcement.
• Oppose legislation such as the Consumer Financial Protection Act legislation that would not adequately address the failures within existing regulatory agencies but instead create a new and massive government bureaucracy that would reduce consumer choice, stifle innovation, and restrict access to credit.
• Oppose any one-size-fits-all approaches to consumer protection that  ignore the needs of small business and oppose legislation, such as sections of the Investor Protection Act, that onerously restricts compensation structures, competition,  or affects access to capital markets for businesses of all sizes and consumers at all economic levels.

WORKPLACE/LABOR/EMPLOYMENT

• Oppose initiatives that would make union organizing easier, such as “Card Check”, which would abolish secret ballot elections in favor of card check majorities for union recognition.
• Oppose unreasonable expansion of workplace mandates.
• Oppose efforts to expandd leave or to mandate paid sick leave under the Family and Medical Leave Act (FMLA).
• Oppose efforts to increase the amount of punitive and compensatory damages available, the potential for frivolous litigation and unjustified administrative burdens.
• Protect the use of binding arbitration in employment.