(Washington, D.C.) The Grocery Manufacturers Association (GMA) issued the following statement from Pamela G. Bailey, president and CEO, on today’s vote in the U.S. House of Representatives to pass a comprehensive tax reform bill.
“Today’s House vote is a major milestone towards passage of the first comprehensive tax reform legislation in more than 30 years. As the largest sector of American manufacturing jobs, the food, beverage and consumer products industry urges the House and Senate to continue their push to enact tax reform that lowers tax rates for our manufacturers, helps U.S. manufacturers be competitive in global markets, and reduces the tax burden for middle-class American consumers. These tax reforms will generate more U.S. jobs and greater economic growth.
“The food, beverage and consumer products industry plays a unique role in America as the single largest U.S. manufacturing sector, with 2.1 million jobs in 30,000 communities across the country. Our industry is a critical driver of the economy and touches the lives of every American family every day. Passage of tax reform would be good for families, good for workers, and good for manufacturers.”