Friends of Manufacturing

Business leaders: Tax changes should be permanent


Business leaders said Thursday that it’s "critical" for tax changes to be permanent, as lawmakers debate whether to pursue long-term tax reform or temporary tax cuts.

“Permanence is critical, because I make decisions over three years, five years and 10 years,” Emerson Electric Chairman and CEO David Farr said at a House Ways and Means Committee hearing. “I don’t make a decision by a quarter.”

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