Tax
Tax reform means money can go where it’s needed most: empowering manufacturing workers to invest in the community, support their families, grow the economy, create more secure jobs, increase wages and make manufacturing in the U.S. more competitive.
Congressional Inaction on Tax Priorities Holds Small and Medium-Sized Manufacturers’ Optimism Near Pandemic Lows
January 8, 2024Eighty-nine percent say higher tax burdens would make it more difficult to hire, invest or expand facilities
Washington, D.C. – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the fourth quarter of 2023, showing that small companies with fewer than 50 employees and medium-sized firms with between 50 and 499 employees, which make up a vast majority of the sector, continued to have historically lower levels of optimism with…
Manufacturers: New Hydrogen Tax Credit Regulations Fail to Incentivize Growth and Investment
December 22, 2023Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement in response to new proposed regulations on the Clean Hydrogen Production Tax Credit: “The hydrogen tax credit has the potential to be the world’s strongest tool to build a hydrogen economy, but the Treasury Department proposal would impose so…
