Manufacturers stood robust throughout the pandemic, and so they by no means cease with regards to making the issues that our individuals want. It is tough to think about that anybody in Congress might ignore this and counsel that growing taxes on enterprise and trade is a good suggestion, particularly as we work to get better from the impacts of the pandemic. And but plainly is precisely what is going on.
The specter of federal reconciliation with new and/or elevated taxes on companies has returned, and as soon as once more these of us within the manufacturing trade want Senator Manchin’s assist. Raising taxes now will hurt companies right here and put our good manufacturing jobs in danger.
Back in 2017, historic tax reforms helped producers in West Virginia. Now, at a time once we’ve discovered the worth of home provide chains, growing enterprise taxes would have a dramatic, unfavourable impact on our capability to compete in a worldwide manufacturing financial system. Simply put, we don’t want further boundaries that may damage our capability to re-shore manufacturing funding and jobs.
I’m asking Senator Manchin to oppose tax improve on firms like Kent Cartridge that helps 29 well-paying jobs in West Virginia. We may help tackle future provide chain points whereas offering nice careers in manufacturing in our communities, however not if we’re positioned at a drawback with regards to taxation. As we work to rebuild after COVID and the myriad operational and financial points it created, we can’t take up further tax burdens.
West Virginians ought to take note of the reckless nature of the proposals woven into the reconciliation bundle and applaud Senator Manchin’s previous efforts to reject them. I hope he’ll proceed to place West Virginia first and say no to proposed tax hikes.