Senate Republicans are blocking an expansion of the child tax credit and a package of corporate tax credits, even though business groups are clamoring for its passage, because they want to deny President Biden a legislative victory five months before Election Day.

“It’s the second time this year presidential politics have created a rift between Senate Republicans and the U.S. Chamber of Commerce and the Business Roundtable, two of the biggest business trade groups in Washington.

Earlier this year, Senate Republicans voted overwhelmingly to block a bipartisan border security deal that the U.S. Chamber of Commerce endorsed and the Business Roundtable applauded — along with the National Border Patrol Council and The Wall Street Journal’s editorial page

        — after former President Trump told allies on Capitol Hill he didn’t want to give Biden a win on border security.

Senate Republican opposition to the House-passed Tax Relief for American Families and Workers Act of 2024.
it would “boost business investment at home, create American jobs and strengthen U.S. competitiveness.”

Republican on the Senate Finance Committee, told a reporter earlier this year

          Senate Republicans didn’t want to make Biden “look good” and boost his chances of reelection.

And he expressed his concern that Biden’s reelection would wipe out any chance of renewing Trump’s 2017 tax cuts before they expire at the end of next year.

         Passing a tax bill that makes the president look good,  mailing out checks before the election,  means he could be reelected and then 
                we won’t extend the 2017 tax cuts,” Grassley told Semafor the same day the House passed the tax bill.

And it includes a low-income housing tax credit to increase the supply of affordable housing.

“I supported it the minute it was announced. I think it’s a good bill; I was very proud that I pushed hard and got into the bill the low-income housing tax credit,” Schumer told reporters last week.

https://www.yahoo.com/news/business-fumes-democrats-blast-gop-100000960.html

But..but..it’s the saaaameee……democrats are sooo the saaaameee…

And…small businesses are not really ‘business’….just like your 401k is not really ‘shareholders ‘…