Tax Issues - Impact on Manufacturers

U.S. manufacturers face higher tax costs than almost all of our competitors in other countries. The corporate tax rate in America is the highest among developed nations, and it puts the manufacturing industry at a significant competitive disadvantage in the global marketplace. Tax cuts are proven ways to improve competitiveness and generate growth. Lowering the tax rate would provide for manufacturers with more resources to expand operations and create jobs. Predictability and consistency in the United States tax code would allow for the long-term planning and investments that enable us to stay competitive.