Showing posts from March, 2016

Manufacturing a Tax Policy for Success

On December 18, 2015, President Obama signed into law a measure delaying, extending, or making permanent a number of tax provisions critical to manufacturers. This law was a major victory for PMA members. By making permanent the R&D Tax Credit and Section 179 Equipment Expensing and extending Bonus Depreciation through 2019, this law offers certainty for manufacturers, allowing PMA members to make the investments they need to help their businesses grow.  A January 2016 survey of One Voice members – that is, members of PMA and members of the National Tooling and Machining Association - showed that, in 2015, 92 percent of companies used Section 179 and another 91 percent benefited from Bonus Depreciation, while 55 percent claimed the R&D Tax Credit. It’s clear that American manufacturers deserve to have their voices heard, especially in an important election year. The eighth-annual One Voice Legislative Conference in Washington, D.C. on April 12-13, 2016 provides ma