Our company President, Ed Paradowski, was in Washington DC this week representing not just Reflective Concepts, LLC., but representing manufacturing as a whole. Manufacturing growth is critical to the financial health of our nation!
Two factors drive economic growth in the U.S.; business investment and consumer spending. The 2017 tax reform provisions that are set to expire in 2025 will ABSOLUTELY NEGATIVELY AFFECT business investment should these provisions expire. As an advocate for manufacturing and commerce, the National Association of Manufacturers - NAM asked for my perspective on the R&D Tax Provision and how that provision would impact the strategic outlook for our company should it expire. Capital spending and job growth will be impacted. My conversations with many of my industry peer’s echoed and confirmed this sentiment. These issues are not about wealthy people protecting their wealth, they are about businesses having the ideal environment to invest and create jobs. If you want to help the middle class, support those that employ the middle class.