A new study from our friends at the National Association of Manufacturers highlights the enormous stakes of the tax debate, with a massive impending tax hike coming at the end of this year, if Congress fails to act:

We would add to this list that the average household will get stuck with a $3,000 extra direct and indirect tax tab as well, if Congress doesn’t act.

Defusing this ticking tax bomb is our top priority at our partner organization, Unleash Prosperity Now. We have launched a nationwide coalition called the Tax Cut Victory Alliance of taxpayer groups, small and large businesses, trade associations, scholars, state leaders, and conservative activists. Our goal – which Trump has endorsed – is to get a full extension and other added tax cuts, such as no tax on tips, on his desk within the first 150 days of his term.

And NO increase in the corporate tax rate.