A strong manufacturing base is a critical foundation for a healthy economy, and public policy has a role to play in maintaining one. The United States needs a national strategic plan to encourage domestic manufacturing, one that identifies industries critical to economic competitiveness, brings more of their supply chains onshore, and increases coordination between existing industrial programs. The international competition is planning for the industries of the future. The United States must too.
The Facts
Do no harm. Changes to the tax code could help U.S. manufacturers — or hurt their chances for success.
Tax Reform Must Strengthen U.S. Manufacturing Competitiveness
Smart tax policies help manufacturers invest, produce, and compete in the United States. Tax reform can help grow our economy by preserving incentives that keep production here in America.
Resources
Winners and Losers in Corporate Tax Reform
An Economic Analysis by Martin A. Sullivan, Tax Notes, February 2011
AAM’s Framework for Action on Tax Reform
Read our take.
Baucus-Camp reforms: Manufacturing has to be key to tax reform
Manufacturing plays a critical role in our economy. The tax code must reflect that.
