SIA Backs House Republicans'Tax Plan

Release time:2017-03-14
author:
source:EE TIMES
reading:795

The Semiconductor Industry trade group Tuesday (March 14) endorsed a proposal by Congressional Republicans to reform corporate tax rates as “an appropriate starting point.”

The “Better Way” corporate tax reform blueprint would reduce the federal corporate tax rate to 20 percent from 35 percent and also repeal the alternative minimum tax for corporations.

The blueprint, first unveiled last summer, was written by U.S. Speaker of the House Paul Ryan and Kevin Brady, chairman of the powerful House Ways and Means committee. The proposal, expected to be considered in Congress this year, has previously been criticized by democrats and by President Donald Trump prior to his taking office in January.

In a statement issued Tuesday, SIA President and CEO John Neuffer said the Better Way blueprint would make the U.S. corporate tax system more competitive and enable U.S. semiconductor companies to grow, innovate and create more jobs in the U.S.

John Neuffer, SIA
John Neuffer, SIA

"While there are many details of significance to our industry that need to be understood and addressed, we support the proposal as a framework for moving forward with tax reform," Neuffer said in the statement. “We recognize the debate is just getting underway.”

Neuffer said the SIA intends to work with Congress and the Trump Administration to "pass corporate tax reform to improve the competitiveness of the United States as a location for semiconductor research, design, manufacturing and export."

The House reform proposal has also received the endorsement of the Aerospace Industries Association of America, a trade group that represents firm in the aerospace and defense industries.

Online messageinquiry

reading
  • Week of hot material
  • Material in short supply seckilling
model brand Quote
PCA9306DCUR Texas Instruments
TPS61021ADSGR Texas Instruments
TL431ACLPR Texas Instruments
CD74HC4051QPWRQ1 Texas Instruments
TXB0108PWR Texas Instruments
TPIC6C595DR Texas Instruments
model brand To snap up
TPS5430DDAR Texas Instruments
TPS63050YFFR Texas Instruments
TPS61256YFFR Texas Instruments
ULQ2003AQDRQ1 Texas Instruments
TXS0104EPWR Texas Instruments
TPS61021ADSGR Texas Instruments
Hot labels
ROHM
IC
Averlogic
Intel
Samsung
IoT
AI
Sensor
Chip
Information leaderboard
  • Week of ranking
  • Month ranking
About us

Qr code of ameya360 official account

Identify TWO-DIMENSIONAL code, you can pay attention to

AMEYA360 mall (www.ameya360.com) was launched in 2011. Now there are more than 3,500 high-quality suppliers, including 6 million product model data, and more than 1 million component stocks for purchase. Products cover MCU+ memory + power chip +IGBT+MOS tube + op amp + RF Bluetooth + sensor + resistor capacitance inductor + connector and other fields. main business of platform covers spot sales of electronic components, BOM distribution and product supporting materials, providing one-stop purchasing and sales services for our customers.