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The U.S. plastic injection parts industry takes a different attitude towards tax reform

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The U.S. plastic injection parts industry takes a different attitude towards tax reform

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2017-11-13
November 7 plastic injection parts market spreads at home and abroad November 2, the United Republicof the Republicannounced a massive tax reform plan, President Trump called the day a "great day for American workers," but a number of trading groups Opposition, saying the tax reform plan attacked the middle class, may hurt some plastics-related industries.plastic injection parts

The plan has 429 pages and is estimated to cost about $ 1,510 billion and is known as the Tax Credit and Employment Bill. The bill calls for the imposition of a new tax rate on individuals and businesses as plastic injection parts of a compre

hensive reform that requires the corporate income tax to be permanently reduced from the current 35% to 20%.


The reduced corporate income tax will be accorded priority to the American Plastics Industry Association, which has R & D tax credit and the 529 Apprenticeship Education Fund. The Washington-based trade organization represents nearly 1 million workers who work in the plastics industry in the United States.

"Allowing families to use postsecondary education funds to get paid jobs of higher quality and better quality in manufacturing will help address the labor needs of the industry and help those undergraduates who have not been well-employed in their four-year undergraduate studies Students gain more career options, "Bill Carteaux, president and chief executive of the trading group, said at a news conference.
November 7 PP market spreads at home and abroad November 2, the United Republic of the Republic announced a massive tax reform plan, President Trump called the day a "great day for American workers," but a number of trading groups Opposition, saying the tax reform plan attacked the middle class, may hurt some plastics-related industries.

The plan has 429 pages and is estimated to cost about $ 1,510 billion and is known as the Tax Credit and Employment Bill. The bill calls for the imposition of a new tax rate on individuals and businesses as part of a comprehensive reform that requires the corporate income tax to be permanently reduced from the current 35% to 20%.

The reduced corporate income tax will be accorded priority to the American Plastics Industry Association, which has R & D tax credit and the 529 Apprenticeship Education Fund. The Washington-based trade organization represents nearly 1 million workers who work in the plastics industry in the United States.

"Allowing families to use postsecondary education funds to get paid jobs of higher quality and better quality in manufacturing will help address the labor needs of the plastic injection parts and help those undergraduates who have not been well-employed in their four-year undergraduate studies Students gain more career options, "Bill Carteaux, president and chief executive of the trading group, said at a news conference.




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