AF&PA: Comprehensive Tax Reform Can’t Come Soon Enough

Oct 26, 2017

CONTACT: Barbara Riley/Chuck Fuqua
(202) 463-2436, comm@afandpa.org

WASHINGTON - American Forest & Paper Association (AF&PA) President and CEO Donna Harman issued the following statement regarding the opportunity for comprehensive tax reform given passage of the Fiscal Year 2018 Budget Resolution:

“Passage of a budget blueprint sets the stage for comprehensive tax reform that can’t come soon enough. We need a tax system that works for manufacturers and their employees – this is about jobs, paychecks and a higher standard of living. The current, antiquated system stands in the way of economic growth, job creation and investment and hinders our industry’s ability to remain competitive. We urge Congress to stay focused on the task at hand and find a solution that includes lower tax rates and reforms that will set a foundation for future growth for our manufacturers and others for generations to come.”

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The American Forest & Paper Association (AF&PA) serves to advance a sustainable U.S. pulp, paper, packaging, tissue and wood products manufacturing industry through fact-based public policy and marketplace advocacy. AF&PA member companies make products essential for everyday life from renewable and recyclable resources and are committed to continuous improvement through the industry’s sustainability initiative - Better Practices, Better Planet 2020. The forest products industry accounts for approximately four percent of the total U.S. manufacturing GDP, manufactures over $200 billion in products annually, and employs approximately 900,000 men and women. The industry meets a payroll of approximately $50 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at www.afandpa.org or follow us on Twitter @ForestandPaper.