Friends of Manufacturing

Increasing economic growth depends on tax reform

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The American electorate is beyond ready for Washington officials to enact policies that will spur greater economic growth and modernize a convoluted tax code last revamped in 1986. Changing the code to put the U.S. on equal footing with global competitors by reducing the corporate tax rate from 35 percent is the best and most immediate way to do so.

An overhaul would also help in bringing overseas money back home, generating lasting certainty and creating parity among all sectors of the economy – energy, telecommunications, manufacturing and yes, the transportation sector I represent.

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