Tax
New Data: Taxing R&D Will Cost U.S. More Than 260,000 Jobs Next Year If Congress Doesn’t Act
Manufacturers Would Lose 60,000 Jobs and $32 Billion
Washington, D.C. – The National Association of Manufacturers released new analysis revealing that if the tax code’s research and development amortization requirement, which went into effect this year, is not reversed immediately, the U.S. economy would lose 263,382 jobs and experience an $82.39 billion hit to GDP in 2023. Because the law changes the way …
Manufacturers: Permitting Reform Essential to Manufacturing Growth and Competitiveness
Washington, D.C. – Following consideration today of a permitting amendment in the U.S. Senate, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “Red tape and permitting delays have plagued the manufacturing industry for decades, and the need for reform has only grown more urgent in recent years. Manufacturers have long …
Why Manufacturers Need R&D Tax Certainty
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Manufacturers: An Expanded IP Waiver Would Jeopardize American Innovation and the Ability to Combat Future Pandemics
Washington, D.C. – Following the announcement by the Office of the U.S. Trade Representative calling for a delay in a World Trade Organization decision on whether to expand a waiver of intellectual property, National Association of Manufacturers Vice President of International Economic Affairs Ken Monahan released the following statement: “An expanded intellectual property waiver would …
