Wed September 27, 2017

WASHINGTON—Plastics Industry Association (PLASTICS) President and CEO William Carteaux issued the following statement on the Trump administration’s tax proposal, released today.

“Earlier this year during the 2017 Plastics Industry Fly-In, men and women from around the country who depend on America’s plastics manufacturing industry came to Washington to advocate for several policies that would help create jobs and enhance the competitiveness of their industry. Among them were a lower corporate tax rate, immediate expensing of capital investments and the preservation of the research and development (R&D) tax credit.”

“We’re happy that policymakers on Capitol Hill and in the administration have heard our industry’s voice and included these important provisions in the ‘Big 6’ tax package released today.”

“The president’s commitment to American manufacturers has already yielded benefits with his administration’s success in eliminating overly burdensome regulations and lowering compliance costs for companies across the country. We look forward to continuing our work with President Trump, his administration and bipartisan leadership in Congress to continue the work already begun and to move these critical elements forward for the thousands of families in the U.S. that count on a strong American plastics manufacturing sector.”

###

About Plastics Industry Association

The Plastics Industry Association (PLASTICS), formerly SPI, is the only organization that supports the entire plastics supply chain, representing nearly one million workers in the $418 billion U.S. industry. Since 1937, PLASTICS has been working to make its members and the industry more globally competitive while advancing recycling and sustainability. To learn more about PLASTICS’ education initiatives, industry-leading insights and events, networking opportunities and policy advocacy, and North America’s largest plastics trade show, NPE: The Plastics Show, visit plasticsindustry.org. Connect with PLASTICS on TwitterFacebook and LinkedIn.