Friday, August 17, 2018

100 manufacturers have increased hiring, given bonuses or raises since TRUMP/GOP tax reform

Thanks to the tax reform bill passed by Congress, American manufacturing is growing at a pace not seen in decades.

Lima Pallet Co. announced earlier this year it was adding 15 to 20 jobs as part of an expansion prompted by the 2017 tax-cut law-one of 100 manufacturers across the county identified by Americans for Tax Reform as increasing hiring, giving pay raises, or expanding their operations with new factories and equipment.

The Tax Cuts and Jobs Act, signed into law in December, cut corporate and individual income tax rates and eliminated some tax loopholes.

"Thanks to the tax cuts passed by the Republican House and Senate and signed into law by President Trump, manufacturers are building new facilities, purchasing new equipment, hiring new employees, and investing in current employees through bonuses and increased benefits," a statement Wednesday from the nonprofit Americans for Tax Reform said.

Atlanta-based aluminum manufacturer Novelis broke ground on a $300 million Guthrie, Kentucky, manufacturing facility in May. - Baltimore-based Marlin Steel increased its workforce by 10 percent this year and also spent $1 million on new equipment.

"Thanks to the tax cuts passed by the Republican House and Senate and signed into law by President Trump, manufacturers are building new facilities, purchasing new equipment, hiring new employees, and investing in current employees through bonuses and increased benefits," ATR said in a statement.

A new report notes that POTUS Trump's tariffs have created 11,000 new jobs, mostly in the manufacturing sector in just six months - a finding you'll not see in the "Mainstream media."

https://thenationalsentinel.com/2018/08/17/100-manufacturers-have-increased-hiring-given-bonuses-or-raises-since-trump-gop-tax-reform/ 

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