Tax Relief Will Spur Economic Recovery and Job Growth Says Industry Group

Dec. 17, 2010
NAM praises House action as bipartisan bill heads to White House.

The National Association of Manufacturers (NAM) Executive Vice President Jay Timmons issued the following statement on Dec. 17 on House passage of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010:

"Manufacturers are pleased the House put the economy first and passed this critical tax relief with no amendments. These much-needed incentives will spur investment, economic growth and job creation. We urge the President to sign the bill immediately so manufacturers and the broader business community can have some certainty moving forward.

To provide even more of the certainty our economy needs to grow and create jobs, these important tax provisions need to be permanent. The NAM has been a leader in advocating for these tax extensions, including the R&D credit, 100% expensing and tax relief for small businesses.

We look forward to continuing to work with Congress and the Administration on tax policy that will make the United States the best place in the world to headquarter a company, to manufacture and to innovate."

Popular Sponsored Recommendations

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023
Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

3D Printing a More Efficient Factory Floor

Nov. 16, 2023
Today’s additive manufacturing platforms make it simple to print a wide range of high-performing industrial parts as soon as possible and right where you need them — unlocking...

MES vs. Operations Platforms: Buyer's Guide

Sept. 19, 2023
Now more than ever, manufacturers are rethinking legacy MES's role in their operations. This comprehensive guide compares traditional manufacturing execution systems and operations...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!