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        • FEATURED EVENT

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          Series
          2025 Government Affairs Forum | State Treasurer Deborah B. Goldberg

          Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg.

          12/09/2025

          9:45am - 11:00am

          Greater Boston Chamber of Commerce

          arrow-go
          Read More
        • EXPLORE OUR PROGRAMMING:

          • Annual & Premier Events
          • Economic Inclusion
          • Small Business & Entrepreneurship
          • Digital Media & Marketing
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          • Young Professionals Network
          • VIEW ALL PROGRAMMING
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          • Member Deals
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          • Small Business Benefits
          • Connect with your Member Services Rep
          • Member Spotlights
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        • ...
          Inside the Program: Info Session & Cocktail Reception

          Join us in person to learn about Boston’s Future Leaders (BFL), a prestigious leadership program shaping top talent across Greater Boston. Hear from alumni, explore the application process, and stay for networking and refreshments.

          arrow-go
          Read More
        • ...
          Membership Directory
          Not Sure if You’re a Member?

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          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Strategic Communication for Better Collaboration

          Level up your leadership and communication in this Boston Chamber workshop for professionals—gain essential skills in team alignment.

          Read More
          Partnership with Boston Public Schools 

          The Chamber Foundation invites the business community to engage with Boston Public Schools leaders and their students to help build the future workforce.

          Read More
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          Our Mission
          Expanding Opportunity

          Learn how we advance talent and small business growth.

          arrow-go
          Read More
        • ...
          Foundation Initiatives
          Programming That Empowers

          Explore our key priorities and strategic efforts.

          arrow-go
          Read More
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Chamber Supports the Tax Relief for American Families & Workers Act of 2024

The Greater Boston Chamber of Commerce supports the Tax Relief for American Families and Workers Act of 2024 that passed the House of Representatives on January 31. Supported by the entire Massachusetts House of Representatives delegation, this bill contains commonsense provisions that will benefit Massachusetts families and small businesses. The Chamber applauds the House for this achievement, and I urge the Senate to pass this bill swiftly to demonstrate that Congress can make meaningful, bipartisan progress on public policy issues that impact everyday lives.

The Act bolsters the Child Tax Credit by incrementally increasing the refundable portion of the credit applied to tax years in 2023, 2024, and 2025. It ensures that the credit applies fairly to families with multiple children and delivers inflation relief beginning in 2024. These Child Tax Credit improvements mirror tax relief efforts here in Massachusetts supported by Governor Healey and the state Legislature, with strong support from the Chamber. In the fall of 2023, the Governor signed tax relief legislation that improved and increased the state’s child and dependent tax credit. The combination of the state’s efforts and federal tax policy improvements could result in significant tax relief for low- and middle-income families in the Commonwealth.

Additionally, the Act contains important tax policy improvements that will significantly benefit small and middle-sized businesses. Allowing businesses to immediately deduct the cost of U.S. based R&D investments will revitalize research and development – one of Massachusetts’s strengths and competitive advantages. Interest deductibility and full expensing for capital investments also help our employers make investments in jobs and capital here in the Commonwealth and gives businesses flexibility to navigate uncertain economic times and high interest rates. These are commonsense policies that particularly help start-ups in early phase research and growth cycles to innovate, create jobs, and expand. The Chamber encourages businesses to start, stay, and succeed in Massachusetts, and targeted tax policy contained in the Act makes a meaningful difference in the ability for workers and companies to locate and grow locally.

I urge you to support the Tax Relief for American Families and Workers Act of 2024 and encourage the
Senate to pass this legislation promptly.

 

James E. Rooney

President & CEO

Greater Boston Chamber of Commerce

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