With policymakers’ draft framework for the budget reconciliation bill featuring numerous tax increases, ICBA is calling on community bankers to use its Be Heard resource center to speak out in opposition.
Tax Hikes: ICBA’s customizable message to Congress urges lawmakers to oppose increases in corporate, individual, and capital gains taxes as well as harmful changes affecting Subchapter S institutions, taxation at death, and more.
IRS Plan: Meanwhile, ICBA continues encouraging community bankers to call their members of Congress and rally consumers in opposition to the IRS bank reporting proposal, which remains a threat even though policymakers left it out of the draft framework after ICBA-led advocacy.