News
Senate Releases Tax Bill
The Senate Finance Committee yesterday released draft text of the tax sections of the reconciliation bill, preserving most of the pro-growth tax provisions that manufacturers—and the NAM—have long advocated. What’s in it: The bill reflects the NAM’s key tax priorities, including: A permanent pass-through deduction and retention of pro-growth individual and corporate tax rates; Permanence …
Manufacturers Delivered on Tax Reform—now Congress must preserve it
As manufacturers call on policymakers to preserve tax reform by passing the tax bill, they’re reflecting on everything the 2017 Tax Cuts and Jobs Act made possible for the industry. Back in 2017 and 2018, the NAM told manufacturers’ stories of hiring more workers and increasing wages, making new investments and buying new equipment, expanding …
