The Americans for Transportation Mobility (ATM) coalition and the Transportation Construction Coalition (TCC) opposes any and all efforts to undermine recent and historic infrastructure investments, including suspending federal and state motor fuel user fees, commonly known as “gas taxes.” American consumers are facing significant economic anxieties brought about by record inflation, continuing supply chain issues, high energy prices, labor shortages, and continued concerns over the COVID-19 pandemic.

We write in strong opposition to S. 3609, the “Gas Prices Relief Act of 2022” and the companion bill the “Gas Prices Relief Act” introduced in the House today. These bills will only further weaken the federal Highway Trust Fund and are shortsighted, since the gasoline excise tax is helping to pay for the historic “Infrastructure Investment and Jobs Act (IIJA)” just passed in November of last year. While we understand the pain Americans are feeling at the pump and throughout the economy due to rising inflation, a gas tax holiday is not the answer to this problem.

Suspending the federal gasoline tax in the name of “economic relief” is misguided and could undermine the recently enacted and bipartisan Infrastructure Investment and Jobs Act (IIJA). The national associations and labor unions of the Transportation Construction Coalition (TCC) and the Americans for Transportation Mobility (ATM) coalition strongly oppose the S. 3609, the Gas Price Relief Act of 2022.

ALEXANDRIA, VA – The National Stone, Sand & Gravel Association (NSSGA) President and CEO Michael Johnson issued the following statement opposing legislation that would suspend collection of the gas tax. NSSGA also circulated this letter on the issue to the Hill, voicing concern with proposals for the gas tax holiday. 

On behalf of the 400 members of the National Stone, Sand & Gravel Association, I am writing to share our strong opposition to policies that would diminish revenue sources used to fund the Highway Trust Fund (HTF). Specifically, we call on Congress to reject S. 3609, which would suspend collection of the $00.184 -per-gallon federal user fee on gasoline. This funding is critical to support infrastructure projects which greatly benefit American families and businesses.

The undersigned business trade groups call on Congress and the Administration to end efforts to pass the multi-trillion-dollar tax increase included in the Build Back Better (BBB) bill and focus instead on the challenges confronting American families and businesses today – rising prices, labor shortages, and ongoing supply chain constraints. Today’s Consumer Price Index report showing inflation rising at the fastest rate in forty years has our members understandably alarmed.

The Administration’s Build Back Better Framework released last week would impose the OECD’s highest marginal rates on family-owned businesses and should be rejected by Congress. These businesses just survived a global pandemic and for Congress to impose massive tax hikes on them, with rates exceeding 50 percent in some cases, would be incredibly damaging. The undersigned business organizations, representing millions of Main Street businesses, call on Congress to defeat these ill-advised tax hikes.

The undersigned organizations, representing millions of individually- and family-owned businesses, strongly urge you to reject the proposed changes to the grantor trust and valuation rules in H.R. 5376, the Build Back Better Act. Individually- and family-owned businesses are the cornerstone of the American economy. They represent nearly all businesses, they employ the vast majority of private sector workers, and they are the building block upon which innumerable communities across this country are built.

The undersigned organizations representing a cross-section of business and financial interests write to reiterate our strong opposition to the new tax information reporting regime proposed by the Department of Treasury and under consideration by Congress as part of the proposed reconciliation spending package. We respectfully request that this proposal be withdrawn from further consideration, and the administration consider more targeted measures to reduce the tax gap.

The undersigned associations representing a cross-section of financial and business interests write to express our strong opposition to the proposed new tax information reporting regime as described by the Department of Treasury, that would impact almost every American who has an account at a financial institution. The proposal will require providers of financial services to track and submit to the IRS information on the inflows and outflows of every account above a de minimis threshold of $600 during the year.