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.
NAM, GOP: Manufacturers and Families Need Pro-Growth Tax Measures
Mike Crapo (R-ID), whose remarks closed out the press conference, said “piling taxes upon taxes upon taxes” is no way to build a resilient, successful economy. “The way to make us strong is to build a strong, powerful economy, which we get with sensible, pro-growth tax reforms,” he concluded.
6 Million Jobs Will Be Lost Unless Congress Renews the Trump Tax Reforms
New Study Released by the NAM Highlights Societal Costs of Increased Taxes
Washington, D.C. – Failing to preserve pro-manufacturing tax policies from the 2017 tax reform will cost the U.S. economy nearly 6 million jobs, according to a landmark EY study released by the National Association of Manufacturers. Inaction would cost the U.S. economy more than $1 trillion. The study also shows that the manufacturing industry will …
NAM Study: Tax Provisions’ Expiration Will Cost U.S. Jobs, Wages, GDP
advocacy blitz following the study’s release. This morning, Courtney Silver, president and owner of North Carolina–based precision machining company Ketchie and immediate past chair of the NAM’s Small and Medium Manufacturers Group, is testifying at a House Ways and Means Committee hearing on the need to make pro-manufacturing TCJA reforms permanent. At 4:30 p.m. EST …
Manufacturers Ready to Work with Bessent to Ensure That We Can Continue to Drive Economy Forward
Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons issued the following statement on the nomination of Scott Bessent to be the next Treasury Secretary: “President Trump’s 2017 tax reforms were rocket fuel for manufacturing, and their transformative impact cannot be overstated. They put into place competitive policies that fueled record job …
NAM Sees Strength for Manufacturing as Washington Transitions
Reuters, subscription), a choice NAM President and CEO Jay Timmons
Trump’s First Term: A Historic Era for Manufacturing
“phase one” trade deal with China, which was designed to strengthen protections for American IP and help level the playing field for manufacturers in the U.S. The impact: The agreement established enforceable trade standards with China, aiming to protect U.S. innovations and support American jobs. Operation Warp Speed: As the COVID-19 pandemic unfolded, manufacturers were …
