May 23, 2024

IAM District 751 Statement on Paul Ryan’s Visit to Boeing

U.S. House Speaker Paul Ryan made a recent visit to the Boeing plant in Everett, WA. During the visit he discussed slashing federal taxes for corporations and called for reforms to the Export-Import Bank.

“As District 751 has said in the past, we specifically support the use of tax incentives to secure jobs in the aerospace industry here in Washington state,” said IAM District 751 President and Directing Business Representative Jon Holden. “However, any tax incentives should maintain jobs and promote growth in that industry. There must be accountability to the taxpayers and the community with quantifiable results. Our concern is that our state’s current tax incentive package has not done that. According to the Wall Street Journal, 20,000 Boeing jobs have left Washington State over the last four years. We believe any new tax scheme should not just support business, but also benefit the communities, taxpayers and the workers rather than simply boost Corporate America’s profit margin and create bigger bonuses for the CEO’s.”

We represent 30K Boeing workers in Washington state, where @SpeakerRyan is talking corporate tax rates today. #1u

A statement from @IAM751:

— Machinists Union (@MachinistsUnion) August 24, 2017

READ: Paul Ryan to Visit Boeing to Talk Tax Reform – Seattle Weekly

The Machinists Union District 751 represents more than 30,000 Boeing employees in the Puget Sound.

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Source:: iMail