Capitol Hill Briefing

Manufacturing, U.S. Competitiveness, and the Global Economy

March 5, 2004 1:00 PM to 2:30 PM EST

B-338 Rayburn House Office Building

Featuring Jeremy Leonard, Manufacturers Alliance/​MAPI; Alan Reynolds, Cato Institute; and Chris Edwards, Cato Institute.

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Policymakers are increasingly concerned about the competitiveness of U.S. manufacturers and other businesses in the new global economy. Areas of concern include the high‐​rate U.S. corporate tax system; the WTO ruling on the FSC/ETI tax break; and jobs moving to India, China, and other emerging economies.

To help sort through these issues, Jeremy Leonard will discuss his new study for the National Association of Manufacturers that examines the effect of taxes, regulations, and other nonproduction costs on U.S. competitiveness. Chris Edwards will discuss corporate tax competitiveness and the current congressional debate on FSC/ETI. Alan Reynolds will discuss his new paper on U.S. trade with India and China and the future of U.S. manufacturing in the dynamic world economy.