Tag

R&D Tax Credit Archives - Shopfloor

Report from St. Paul: Bunning and the R&D Tax Credit

By | Policy Experts, Taxation | No Comments

(NAM Executive Vice President Jay Timmons is blogging from the Republican National Convention this week in St. Paul, Minn., following up on his reports from the Democratic Convention last week in Denver.)

NAM member company Brown-Forman honored the Kentucky delegation this afternoon and Sen. Jim Bunning was ready to talk policy.

An ardent advocate for a permanent R&D tax credit, he is ready to roll up his sleeves in the next Congress to get it done.

Without the predictability and consistency of a permanent credit, businesses can’t plan and vital research is often delayed.

As we search for new energy alternatives, it only makes sense that Congress unleash the creativity of American ingenuity. Senator Bunning understands that basic fact.

Report from St. Paul: Senator Kyl on Taxes

By | Policy Experts, Taxation | No Comments

(NAM Executive Vice President Jay Timmons is blogging from the Republican National Convention this week in St. Paul, Minn., following up on his reports from the Democratic Convention last week in Denver.)

John McCain’s Senate colleague from Arizona, Jon Kyl, was appropriately honored at a reception yesterday in Minneapolis. The second-ranking Senate Republican, Kyl is an economic stalwart who truly understands the importance of lower taxes, limited regulation and strong energy policy to economic growth and job creation.

He remains steadfast in insisting that the tax extender legislation be completed before Congress leaves town for the year and that they not contain tax increases. This legislative package is tremendously important for manufacturers as it includes energy efficiency, R&D tax credit and international provisions that will help protect and grow jobs. These provisions need to be passed before Congress adjourns and we are hopeful that a bipartisan agreement can be reached that does so without offsetting tax increases.

Report from St. Paul: Health Care, the Priority

By | Health Care, Taxation | No Comments

(NAM Executive Vice President Jay Timmons is blogging from the Republican National Convention this week in St. Paul, Minn., following up on his reports from the Democratic Convention last week in Denver.)

Rising health care costs are at the top of most manufacturers’ list of concerns.

NAM member Eli Lilly sponsored a health care policy discussion at the GOP Convention in conjunction with Creative Coalition with a focus on diabetes.  Olympic medalist (1996, 2000 and 2004) Gary Hall, Jr. detailed the challenges he faced when he was diagnosed after his first Olympic competition. Innovative research and life saving medications as manufactured by Lilly make a difference every day.

Our nation’s policymakers can keep medical progress moving forward with their legislative decisions.  A permanent R&D tax credit is an obvious step in the right direction.

Share