Man­u­fac­tur­ers and taxes

Houston Chronicle - - WORLD -

Re­gard­ing “House passes GOP bud­get with eye on up­com­ing tax de­bate” (Page A18, Oct. 6), as our lead­ers de­velop a pro­posed over­haul for our tax code, man­u­fac­tur­ers like PPG are push­ing for a more com­pet­i­tive tax sys­tem. Our cur­rent sys­tem hurts ev­ery­one from large to small man­u­fac­tur­ers.

Sim­pli­fy­ing the tax code will cre­ate a level play­ing field that fos­ters a fair and com­pet­i­tive en­vi­ron­ment for busi­nesses, in­clud­ing PPG’s Hous­ton plant, which em­ploys about 60 peo­ple. A sim­pli­fied tax code would help man­u­fac­tur­ers to in­vest in their com­mu­ni­ties, sup­port their fam­i­lies, grow the econ­omy, cre­ate more jobs and make man­u­fac­tur­ing in the United States more com­pet­i­tive.

To cre­ate a com­pet­i­tive tax sys­tem that sup­ports in­no­va­tion, in­vest­ment, job cre­ation and eco­nomic growth, we must be­gin with a lower cor­po­rate tax rate. The U.S. cur­rently has the high­est among devel­oped coun­tries and, in re­cent years, nearly 60 coun­tries have cut cor­po­rate taxes. By stand­ing still, the U.S. has fallen be­hind.

Also, re­form in our cur­rent in­ter­na­tional tax sys­tem will al­low U.S. man­u­fac­tur­ers to bet­ter com­pete abroad, where 95 per­cent of the world’s cus­tomers are lo­cated. The suc­cess of man­u­fac­tur­ing and the econ­omy in the U.S. de­pends on our lead­ers tak­ing ac­tion right now. John Brandon, PPG plant man­ager, Hous­ton

There is that scat­tereth, and yet in­creaseth; and there is that with­hold­eth more than is meet, but it ten­deth to poverty. Proverbs 11:24

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