NAM's Challenge to Office Holders

Sept. 16, 2010
One of NAM's goals is to get politicians to reduce the corporate tax rate to 25% or less, and don't impose offsetting tax increases.

The National Association of Manufacturers in June released "Manufacturing Strategy for Jobs and a Competitive America," calling on members of Congress and those seeking office to endorse the association's strategy. "Most importantly, once elected, advocates for manufacturing should seek to implement the strategy through their actions and votes," writes NAM President and CEO John Engler in the document's introduction.

The strategy put forth by NAM is comprehensive, touching on taxes, regulation and education. Among its calls to action:
  • Reduce the corporate tax rate to 25% or less, and don't impose offsetting tax increases.
  • Address tort reform.
  • Reject efforts by the Environmental Protection Agency to "to establish national economic policy through greenhouse gas regulations." NAM believes such efforts by the EPA exceed the agency's authority. Instead, develop federal climate-change policies that reduce greenhouse gases and still maintain "a competitive playing field."
  • Promote international trade policy by enacting pending trade agreements and negotiating others in the Pacific.
  • Update the United States' export-control system. NAM says the current system limits the development and sale of U.S. high-tech products.
  • Develop a comprehensive energy strategy, one that includes expanded production of oil and natural gas.
  • Invest in infrastructure.
  • Invest in science, technology, engineering and math education.

See Also:
A Vote For Manufacturing

About the Author

Jill Jusko

Bio: Jill Jusko is executive editor for IndustryWeek. She has been writing about manufacturing operations leadership for more than 20 years. Her coverage spotlights companies that are in pursuit of world-class results in quality, productivity, cost and other benchmarks by implementing the latest continuous improvement and lean/Six-Sigma strategies. Jill also coordinates IndustryWeek’s Best Plants Awards Program, which annually salutes the leading manufacturing facilities in North America. 

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