Raising the Federal tax will kill NM jobs
The massive tax reform bill passed in 2017 laid the foundation for American manufacturers and businesses to expand and thrive in our global economy. Immediately after the Tax Cuts and Jobs Act became law, many industries saw historic numbers of new hires, rising wages, strong capital investment and the best production in years. And when the pandemic hit the U.S., private sector businesses and manufacturers in the supply chain were able to quickly respond and help protect our communities.
But now, Congress is considering rolling back that landmark tax reform, and raising taxes - making it harder for American businesses to continue driving America’s recovery. The threat is serious to our country and our state. A recent study found that undoing the tax reforms of 2017 will cost the US 1 million jobs in the first two years! That's in addition to hampering our recovery from the pandemic and shutting New Mexicans out of economic opportunities for years to come.
This is unacceptable and we must stand together and take action! Join NMBC in telling Congress to protect tax reform and the hard-fought gains that were made to grow our economy and make our corporate tax structure more competitive globally. Increasing the tax burden on companies in America means fewer American jobs.
Taking action is quick and easy. Simply fill out the short form to the right and click “Send” to let your Senator and Representative know that you support a competitve tax structure and jobs staying on American soil.
Raising the Federal tax will kill NM jobs
The massive tax reform bill passed in 2017 laid the foundation for American manufacturers and businesses to expand and thrive in our global economy. Immediately after the Tax Cuts and Jobs Act became law, many industries saw historic numbers of new hires, rising wages, strong capital investment and the best production in years. And when the pandemic hit the U.S., private sector businesses and manufacturers in the supply chain were able to quickly respond and help protect our communities.
But now, Congress is considering rolling back that landmark tax reform, and raising taxes - making it harder for American businesses to continue driving America’s recovery. The threat is serious to our country and our state. A recent study found that undoing the tax reforms of 2017 will cost the US 1 million jobs in the first two years! That's in addition to hampering our recovery from the pandemic and shutting New Mexicans out of economic opportunities for years to come.
This is unacceptable and we must stand together and take action! Join NMBC in telling Congress to protect tax reform and the hard-fought gains that were made to grow our economy and make our corporate tax structure more competitive globally. Increasing the tax burden on companies in America means fewer American jobs.
Taking action is quick and easy. Simply fill out the short form to the right and click “Send” to let your Senator and Representative know that you support a competitve tax structure and jobs staying on American soil.