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In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.

Mount Equity Group Tokyo, Japan > News > Business > In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.

“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the same time, there is a system of incentives designed to maximize profits, and when those profits are threatened, businesses don’t like it.”

More mainline business groups recoiled at the accusation. Mr. Bradley, of the Chamber of Commerce, agreed that parts of the Democratic vision mirrored the business lobby’s longstanding wishes. Accessible child care is a high priority, he said, and addressing climate change with investments in clean energy is overdue.

“The administration was right to raise I.R.S. enforcement to close the tax gap,” he added. “We want a pro-growth tax code, but we want people to comply with that tax code.”

But he said the way Democrats were addressing those issues — by hastily lumping them…

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