Investing in Aluminum is Investing in America
Consumer products, industrial supplies and defense equipment are all made of aluminum and aluminum components. Investing in American aluminum creates jobs and opportunities for innovative new products. But more importantly, it ensures that the domestic industry is self-sufficient – or can rely on friends and allies – to make the products that Americans rely upon.
The aluminum industry needs investment and a pro-growth tax policy to meet our economic and national security demands.
Aluminum Investment Agenda
Invest for the Future of U.S. Aluminum Manufacturing
- Pass and fund the bipartisan Recycling Infrastructure and Accessibility Act (RIAA) and the Recycling and Composting Accountability Act (RCAA) as a first step to improve U.S. recycling then fully fund the RIAA and RCAA to begin improving aluminum recapture.
- Invest in the U.S. Census Bureau’s data collection to help track and report aluminum material flows.
- Develop appropriations report language on critical materials, recycling and Department of Energy program implementation.
- Provide research and development incentives for cleaner, more efficient aluminum production, recycling and sorting technologies
Smart Tax Policy to Grow Aluminum
- Maintain, refine and expand the 45X Advanced Manufacturing tax credit program.
- Continue President Trump's Tax Cuts and Jobs Act.
- Reinstate the EBITDA Standard for Business Interest Deductions
- Return to full R&D expensing versus amortization
- Extend 100% Bonus Depreciation