“If Taxes Go Up, I Have Fewer Choices,” Says Manufacturing CEO

Klaussner Home Furnishings has made three increases in its workers’ wages over the past 10 months, while also adding benefits. Yet, the company’s ability to invest in workers and add much-needed equipment may be in danger if Congress proceeds with proposed tax hikes, according to President and CEO Terry McNew. These increases could do real harm to manufacturers at a time when the economy is…

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Original source: https://www.nam.org/if-taxes-go-up-i-have-fewer-choices-says-manufacturing-ceo-13992/