Chamber of Commerce finds support for OBBBA’s pro-business tax policies

New data from the American Chamber of Commerce found that American voters prefer tax provisions supporting growth that affects companies in the law of one beautiful law (OBBA) signed by President Donald Trump.

In a memorandum of the members of the room that Fox Business was seen exclusively, the organization said that the Americans support specific tax policies supporting business in the new law, although the polling data that appears to oppose public legislation. For example, an opinion poll in Fox News found July 19-21 that among all voters, OBBA got only 39 % approval.

“Something may be lost in translation when people only describe it as a” big and beautiful bill “, so we launch the polling data to help really inform the discussion that when you ask people about the details, there is strong support here,” said the chief policy official in the Chamber of Commerce and the head of the strategic invitation Neil Bradley in an interview with Fox Business.

“It is not just a tax on advice, or tax relief for social security. The provisions of the draft law supporting growth are incredibly very popular.”

Trump, “The Great and Beautiful Bill” to invest in all over American companies

In its survey, the Chamber found that more than two thirds of the respondents, or 67 %, preferred to restore business discounts for research and development.

It also made OBBA permanent expenses for capital investments for companies, such as machines, equipment and technology, which 62 % of the respondents said they prefer.

Another judgment is permanently extended to the commercial interest deduction supported by 64 % of the voters.

A large and beautiful invoice “includes tax exemptions for advice and additional work: Who will benefit?

President Donald Trump has signed the law in the White House Independence Day celebration with Republican legislators. (Tom Brenner Luashnton Post via Getti Imachurs / Getty Em.

Bradley said: “For the reason that some of the provisions of this pro -growth tax are difficult to talk about and explain, I have been pleased that they are still getting great support.”

The Chamber’s note noted that its surveys found that nearly two -thirds of the voters, or 65 %, were supporting the expansion of the 2017 tax cuts that were appointed at the end of this year permanently, and would have led to the largest automatic tax lift in the history of the United States.

What is in the “Great and Beautiful Bill” for American workers?

OBBA included permanent tax exemptions for the cost of capital investments, such as factories and machinery. (Liu Guanguan / China News Service via Getty Images / Getty Images)

“It was possible that huge negative reactions would have ended if all these tax provisions were allowed to end,” Bradley said, adding that the poll showed that the voters “wanted a permanent solution here.”

The Chamber’s memo also indicated that its poll found that 71 % of the respondents said they would be more likely to support congress candidates who voted to make the tax law for the year 2017 permanent.

Get Fox Business on the Go by clicking here

Bradley said: “The thing that did not surprise me in the survey is strong support between voters for elected officials who voted to make tax cuts permanent because in the town hosted by the United States Chamber all over the country – and we are on our way to doing 100 of these this year – this is exactly what we hear.”