Tax Reform Must Foster Jobs, Economic Growth, and
by Donna Harman President and CEO
American Forest & Paper Association
Featured on ACCF's Capital Corner
With comprehensive tax reform on the Congressional front-burner,
paper and wood products manufacturers are educating lawmakers
on the tax profile of the industry and the possible effects of
wholesale reform of the tax code. Our priority is to ensure that any
changes result in improved economic growth, job opportunities and the
competitiveness of U.S.-based forest products businesses.
The U.S. forest products industry accounts for approximately 4.5 percent of the total U.S. manufacturing GDP. Our companies produce about $200 billion in products annually and employ nearly 900,000 men and women, exceeding employment levels in the automotive, chemicals and plastics industries. They meet a payroll of approximately $50 billion annually and rank among the top 10 manufacturing sector employers in 47 states. Our companies and their business structures take many forms including C-Corps, S-Corps, partnerships and others. Click here
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