Tax Break Gets Mixed Reviews

By Paul Ericksen, IndustryWeek

Paul Ericksen, IndustryWeek’s supply chain advisor, shares his insights on recent news. He will also be a featured speaker at the Manufacturing Technology Conference in Pittsburgh in April.

This week, we saw three news items that supported the idea of government involvement in industry.

Don’t Mess with the Tax Write-Off for New Equipment argues that job creation during non-recessionary periods is a function of two factors: changes in the labor force and Federal Reserve policy. Wages largely are not set on the basis of an individual firm’s or even industry’s productivity (translate—increase in profitability (P.D.E.), and just because one firm raises productivity does not mean that they…

Read the full article on Industry Week.

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