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AF&PA Opposes Corporate Tax Increases in Build Back Better Framework

WASHINGTON – The American Forest & Paper Association (AF&PA) President and CEO Heidi Brock issued the following statement in response to the U.S. House of Representative’s Build Back Better Act framework.

“AF&PA opposes the corporate tax increases included in the Build Back Better Act. These tax increases would adversely impact U.S. manufacturing, reduce U.S. global competitiveness and put essential jobs at risk during a critical time of economic recovery. We urge Congress to consider the long-term impact these short-sighted policies will have on manufacturing workers across the country, and vote ‘no’ on this legislation.”

The American Forest & Paper Association (AF&PA) serves to advance public policies that foster economic growth, job creation and global competitiveness for a vital sector that makes the essential paper and packaging products Americans use every day. The U.S. forest products industry employs more than 925,000 people, largely in rural America, and is among the top 10 manufacturing sector employers in 44 states. Our industry accounts for approximately 4.7% of the total U.S. manufacturing GDP, manufacturing more than $435 billion in products annually. AF&PA member companies are significant producers and users of renewable biomass energy and are committed to making sustainable products for a sustainable future through the industry’s decades-long initiative — Better Practices, Better Planet 2030