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Regulatory Onslaught and Inaction on Key Manufacturing Priorities Weigh on Industry Ahead of State of the Union Address
Nearly 94% of respondents believe federal tax code should promote R&D, capital and equipment expenditures
Washington, D.C. – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the first quarter of 2024, which reveals that the expiration of federal tax incentives related to R&D, interest deductibility and expensing for capital investments has already caused nearly 40% of respondents to pull back on hiring and investing due to increased …
