November 6, 2017
Fast Facts
Bringing Business Up to Speed
Federal Issues

U.S. House releases look at tax reform proposal

The public got their first look at a tax-reform bill last week, when House Ways & Means Committee Chair Kevin Brady, R-Texas, released the 429-page "chairman's mark" of the federal tax bill.

House Speaker Paul Ryan, R-Wisc., described the bill as “our chance to make sure that generations to come don’t just get by, they get ahead in this country.” Ryan and other House Republican leaders hope to bring the legislation up for a vote on the House floor as early as next week, leaving time for the Senate to act and the president to potentially sign legislation by the end of 2017.

The Tax Foundation has a look at the major details in the legislation.

The National Association of Manufacturers calls the tax bill "a grand slam" for manufacturers and the U.S. economy.

"The proposal is a guaranteed path to surge investment, jobs and economic growth that will lead to better lives for every American," said NAM President Jay Timmons.

Contact Amy Anderson, AWB government affairs director for federal issues, to learn more.

« Back to Main
Manufacturing Week Tour

Manufacturing is huge in Washington. Let's celebrate -- and invest in it

By Kate Lampson and Kris Johnson

Manufacturing has a long history in Washington and it has a great story to tell: In Benton County, careers in manufacturing pay an average annual wage of $55,701, $50,575 in Walla Walla County and almost $41,000 in Franklin County. Not bad for jobs that often require no more than a trade certificate or a two-year degree. It also has a multiplier of three -- for every one job created in manufacturing, another three jobs are created elsewhere.

That's a good return on investment, but the sector faces some headwinds.

As manufacturing comes on a national resurgence, Washington's sector has lost about 48,000 jobs since 2000 -- the vast majority of which are non-aerospace jobs.

Clearly, more can be done to support good-paying manufacturing jobs here and across the state.

Read the full column in The Tri-City Herald
Upcoming Events