Timmons and Taylor: Presidents Tax Plan Will Spur Economy in Pennsylvania and Across the Country

National Association of Manufacturers's picture
Printer-friendly versionPrinter-friendly version

Washington, D.C., October 11, 2017 – National Association of Manufacturers (NAM) President and CEO Jay Timmons and Pennsylvania Manufacturers’ Association (PMA) President David Taylor released the following joint statement on President Donald J. Trump’s tax reform rally in Harrisburg, Pennsylvania:

“President Trump is absolutely right that his tax plan would be ‘rocket fuel’ for the economy in Pennsylvania and across the country. Manufacturers are all in for tax reform with plans to hire more workers in America, expand operations in America and invest in America—if our leaders come together to achieve bold reform.

“Senators Casey and Toomey have the chance to give workers in the Keystone State a raise, while helping families improve their quality of living and save for the future. The current tax code lets other countries win, so there is no excuse for supporting the status quo. Opposing tax reform means opposing larger paychecks for workers and opposing more manufacturing in the United States. Other countries have modernized their tax code to attract new business and create new jobs. It’s time for America to lead the way. It’s time for Congress to pass tax reform.”

The NAM recently released the results of the Manufacturers’ Outlook Survey for the third quarter of 2017, which showed that the promise of tax reform that will spur growth has led to the highest three-quarter average of manufacturer optimism ever recorded by the NAM. A strong majority of manufacturers who took part in the recent survey said a pro-growth tax reform package would make them more likely to expand their business (64.3 percent), hire more workers (57.3 percent) and increase employee wages and benefits (52.2 percent). Further information on the survey is available here.

-NAM-


The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org..

Copy this html code to your website/blog to embed this press release.

Comments

Post new comment

15 + 1 =

To prevent automated spam submissions leave this field empty.