September 28, 2017

Metals Service Center Institute: Tax Reform Framework Positive First Step

Metals Service Center Institute:

Tax Reform Framework Positive First Step

Rolling Meadows, Ill., Sept. 28, 2017—M. Robert Weidner, III, president and CEO of the Metals Service Center Institute (MSCI), issued the following statement regarding the White House and Republican congressional leaders’ outline for comprehensive tax reform:

“The tax reform framework offered by congressional leaders and the president is a positive first step to bring greater prosperity to service centers and to all Americans. The proposed lower corporate tax rate will ensure that our members are finally competitive with their global trading partners. And while we believe that pass through rates must be equal to the corporate rate, this proposal indicates that policymakers understand the importance of small and medium sized businesses to job creation.”

“MSCI believes comprehensive tax reform presents a historic opportunity to create greater investment in the U.S. economy, and to put more choice and control back in the hands of American families. We look forward to working with the committees and the administration to deliver on their promise to improve the playing field for manufacturers and the industrial metals supply chain across America.”

Earlier this year, MSCI submitted comments to the U.S. Senate Finance Committee outlining the organization’s priorities for federal tax reform.

About MSCI

Founded in 1909, the Metals Service Center Institute is a nonprofit association based in Rolling Meadows, Ill., serving the industrial metals supply chain. It serves more than 300 members in over 1,200 locations in North America. For more information, visit www.MSCI.org, MSCI’s online resource MSCI.org/Edge, like us on Facebook, follow us on Twitter, and connect with us on LinkedIn.