Tax
Daines, Smucker Staffers Talk Pass-Through Deduction
Manufacturing Wins,” the NAM hosted Noelle Britton, deputy chief of staff for Rep. Lloyd Smucker (R-PA), and Caroline Oakum, tax counsel for Sen. Steve Daines (R-MT), in a virtual roundtable to discuss what’s being done in Congress to maintain the Section 199A
Sen. Daines: How We’re Working to Avert a Tax Crisis
Manufacturing Wins, the NAM recently interviewed Sen. Steve Daines (R-MT) to learn more about what these expirations would mean for manufacturers and what Congress is doing to prevent the resulting tax hikes. Here’s the written interview. NAM: Sen. Daines, many of tax reform’s pro-manufacturing policies expire at the end of 2025—including those with disproportionate impacts …
The Pass-Through Deduction, Explained
Manufacturing Wins, manufacturers are calling on Congress to prevent several devastating tax increases from taking effect at the end of next year. One of those scheduled increases is the expiration of the Section 199A pass-through deduction—a critical incentive, created by tax reform in 2017, designed to help thousands of small and medium-sized manufacturers invest in …
Q&A: The Looming 2025 Tax Challenge
The NAM recently
Supreme Court Decision is Game-Changing Transformation for Legal and Regulatory Landscape for Manufacturers
Washington, D.C. – Today, the United States Supreme Court overruled the Chevron doctrine—a requirement that federal courts defer to an administrative agency’s interpretation of an ambiguous statute—that had proven unworkable and incoherent. “The legal and regulatory landscape has transformed in the blink of an eye. Manufacturers will not waste a moment in seizing this opportunity—an …
Manufacturers to Congress: Stop Devastating Tax Increases
Jobs, innovation, investments in America all at risk if tax provisions expire at the end of 2025
Washington, D.C. – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the second quarter of 2024, which highlights the immediate need for Congress to take action to prevent tax increases that will limit the industry’s ability to create jobs, support their communities and compete in the global economy. “When Congress passed tax …
Manufacturers Launch “Manufacturing Wins” Campaign to Prevent Devastating Tax Increases in 2025
Washington, D.C. – The National Association of Manufacturers has launched an industry-wide effort to educate Congress and the administration on the need for urgent action to preserve the pro-growth 2017 tax reform provisions set to expire at the end of 2025. NAM President and CEO Jay Timmons, Ketchie President and Owner and NAM Small and …
