Manufacturers React to Congressional Passage of the Tax Bill
Matt LaWell, Adrienne Selko | Dec 21, 2017

Thursday, January 25, 2018

Manufacturers will save about $261 billion over the next decade thanks to the new Tax Cuts and Jobs Act. On paper, that should lead to new investments — in equipment, in workforce and beyond.
Steve Staub was headed west on Interstate 70 on Wednesday afternoon, back to his factory in Dayton after a meeting in Columbus with the Ohio Manufacturers’ Association, when he turned on the radio and heard the news that Congress had passed the Tax Cuts and Jobs Bill. Around that same time, over in Washington, D.C., President Donald Trump walked from the Oval Office to the White House lawn Wednesday to share his comments on his first major legislation.

“I campaigned on the fact that we’re not going to lose our companies anymore,” Trump said. “We are going to see at least $4 trillion come back into this country.”

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