A group representing America's manufacturers on Tuesday released a report marking one year since the enactment of the 2025 tax law that includes examples of the legislation's impact on the manufacturing sector in all 50 states.The One Big Beautiful Bill Act (OBBBA) was passed by Republicans in Congress and signed into law by President Donald Trump last July, and the legislation contained a number of provisions aimed at boosting the manufacturing industry – such as 100% expensing of newly built factories and immediate depreciation of machinery – and preventing tax hikes.The National Association...
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