UPS CEO says tax reform could deliver more jobs to its Louisville air hub
UPS chief David Abney and House Ways and Means Chairman Kevin Brady came to Louisville to push tax cuts.
LOUISVILLE, Ky. (WDRB) -- A tax cut for UPS could deliver more jobs to Louisville.
UPS Chairman and CEO David Abney, along with House Ways and Means Committee Chairman Kevin Brady, came to Louisville on Tuesday to push tax reform.
Brady told more than 200 UPS employees and guests that the goal is to cut taxes across the board and simplify the tax code.
“We're proposing for families a tax code so fair and simple that nine out of 10 Americans will be able to file using a simple postcard-style system,” Brady told the crowd assembled inside a UPS hanger.
UPS employs more than 20,000 people at its Louisville air hub. Abney said cutting the corporate tax rate from close to 40 percent, among the highest in the world, down to the twenties will make UPS more competitive worldwide.
“Anytime we grow jobs in the United States, when it comes to our air network, it's going to create jobs here in Louisville because this is where we connect not only the U.S., but we connect the world from this facility,” Abney said.
Brady, a Republican from Texas, calls tax reform a top priority. But so was health care reform, and that failed. Brady believes taxes will be different.
“Unlike health care, there are very few who defend the status quo, very few Americans who believe these high tax rates and the complex and costly tax code is right for America,” Brady said.
Brady and Abney were joined by Republican 6th District Congressman Andy Barr. Democratic Rep. John Yarmuth of Louisville’s 3rd District did not attend, yet Abney hopes the coming tax reform proposal can get bipartisan support.
“We're having conversations within the House with our centrist Democrats about what they'd like to see in tax reform, including strong middle class tax cuts,” Brady said.
Yarmuth released a statement Tuesday afternoon:
“I’m glad Chairman Brady visited Louisville and was able to hear from some of our local business leaders. True tax reform will require bipartisan support and as the top Democrat on the House Budget Committee I am prepared to work together to enact responsible reforms. Unfortunately, the House Republican budget, which was approved in our Committee several weeks ago on a party line vote, provides tax cuts for the wealthy at the expense of everyone else. Those are not my priorities and are not the priorities of the American people.”
Brady is among the so-called “Big Six” group of congressional leaders and White House advisers who have been working for months to draft a tax plan. Brady does not believe the various controversies surrounding President Donald Trump, and his plunging popularity, will make it more difficult to sell tax reform.
“From my perspective, he has a comfort and a sense on tax reform that I think is going to help us get this across the line," Brady said. "Presidential leadership matters, and my belief is he is fully committed to this."
Brady said the goal is to have tax reform on Trump's desk this year.
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