This is a press release issued by NAM today directly from John Engler, President and CEO.
Congress returns from its summer recess next week, and high on the agenda will be proposals from President Obama and congressional leadership to raise taxes on America’s energy sector. These potential tax increases would cause serious damage to the manufacturing sector, job creation and the U.S. economy. To counter this politically-motivated drive for higher taxes, today, the National Association of Manufacturers (NAM) is launching a multi-state, multi-million-dollar advertising and media initiative. Television and radio spots will run in Arkansas, Colorado, Indiana, Maine, Missouri, Nevada, Ohio, Virginia and West Virginia. We also have a plan in place for earned media, including interviews and newspaper commentaries. Joining the NAM as sponsors are several state manufacturing associations and the National Federation of Independent Business (NFIB). The initiative builds on our “Manufacturing Means Jobs!” campaign, which presses elected officials to consider the big picture – what it will take for manufacturers in the United States to succeed in the global marketplace.
The launch of the new ads could not be more timely. On Monday, President Obama used a speech at a union rally to call for additional infrastructure spending, which White House officials say could be paid for with higher energy taxes. Today in Cleveland, the President will unveil proposals for business tax relief – again matched by higher taxes on business. While the NAM has long advocated for important infrastructure initiatives, a strengthened, permanent R&D tax credit and 100-percent expensing of capital investments, these efforts should not be combined with job-destroying tax increases. Rather than pitting business against business and industry sector against industry sector as political tactics leading up to Election Day, leaders must recognize that new taxes will only make it more difficult for manufacturers to compete, create jobs and contribute to economic growth.
Our new advertising and media initiative makes this essential competitive point: We need more jobs, not higher energy taxes.