The U.S. Tire Manufacturers Association (USTMA) Suggests to Abolish the Wage Tax for Tire Companies to Boost Industry Confidence

2020-04-28

The U.S. Tire Manufacturers Association (USTMA) Su

The current situation of many tire companies is not optimistic and this situation may continue for a long time. RubberTech will also pay close attention to various situations during the epidemic.

Recently, The U.S. Tire Manufacturers Association (USTMA) urged the US government to provide financial assistance to tire companies and their workers.

"American tire manufacturers are an important part of the US economy." Anne Forristall Luke, President of USTMA said.

She emphasized that in the emergency situations, the members of the association can ensure the safety of the transportation industry and play an important role.

Now, the biggest concern of these companies is how to ensure the health and welfare of nearly 100,000 tire employees.

According to reports, USTMA hopes to cooperate with Congress and local governments to solve many difficult problems facing the current period.

They have recently written to the leaders of the United States Congress, urging them to formulate relevant bills as soon as possible.

These include relief for employees who have been disturbed due to illness, and relief from employers ’taxes that provide workers with benefits.

At the same time, the association hopes that, at least in the next three months, the wage taxes of some tire companies will be eliminated.

USTMA also requires Congress to ensure that their cross-border trade in North America is not adversely affected by restrictive mobility policies.

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