Tax Reform the Talk of Fly-in

More than 100 of the state’s top business leaders descended on D.C. this week for the Indiana Chamber’s Fly-in event with our congressional delegation.

Attendees received meaningful and timely information from their representatives and senators through policy briefings, special dinner discussions and office visits.

Tax reform was the hot topic. How ironic that while we were D.C.-bound that President Donald Trump would be heading to Indianapolis to roll out his tax reform plan for the first time, and taking nearly half of the Indiana delegation with him on Air Force One for the announcement. But almost all Hoosier delegation members made it back in time to address their business constituents.

The tax reform message the Indiana Chamber contingent delivered to lawmakers in D.C. was that failure should not be an option – this needs to get done!

Senator Rob Portman of Ohio wraps up his remarks on tax reform – turning the floor over to Sen. Todd Young and Sen. Joe Donnelly for a Q&A session.

What caught our attention was how deeply committed everyone is to have tax reform cross the finish line. We felt that from our guest speaker, Sen. Rob Portman of Ohio, considered the Senate fiscal expert, to Indiana members in the House and Senate, including Democratic Sen. Joe Donnelly.

They know it’s important not only to them politically but they also realize that it’s much needed policy.

President Trump’s tax reform framework, which assuredly was done in tandem with congressional leaders, includes actions that the Indiana Chamber and business community at-large have been championing for some time:

• Lowering the corporate tax rate from 35% – the highest in the world today, which drives investment, jobs and even corporate headquarters overseas
• Lowering the top personal income tax rate – which now offers disincentives for initiative, investment and risk-taking while reducing the number of brackets
• Eliminating the alternative minimum tax (AMT), which is overly complex and ineffective, and the estate tax, which endangers many family farms and small businesses
• Adopting a territorial system in which income earned overseas is not taxed in the U.S.

In our Q&A with Sens. Donnelly and Todd Young, they were asked to handicap the likelihood – on a one to 10 scale – of a meaningful tax reform package making it through Congress. Donnelly gave it a fairly hopeful six, while Young said he’s more confident today than even a few months ago and now puts the chances for success at seven-plus.

Young added: “At a time when the rate of business creation is lower than at any period in my own life, I feel like the time is now for tax reform. And the President made a compelling case in what I thought were pretty accessible terms (for Americans).”

Donnelly summed up his thoughts on the matter: “My view on tax reform is simple: I want to try to get to ‘yes’. I think it’s much better if it’s bipartisan. … I think it’s a much better message to the country.”

At our legislative briefing, Congressman Larry Bucshon (IN-08) offered his assessment as well. “As long as both sides don’t go to our corners and stick with our traditional talking points – trying to win an election in 2018 – we are going to get this done.”

Tax reform, if done correctly, would broaden the base while lowering rates across the board – spurring new investment, job creation, economic growth and, ultimately, tax revenues, without increasing the federal deficit.

Our tax code should look like it was designed on purpose for strategic economic growth.
We are hopeful that’s what will happen in the coming months.

A big thank you to our D.C. Fly-in sponsors for making the event possible: Zimmer Biomet (dinner sponsor), Allegion (cocktail reception sponsor), Build Indiana Council (legislative briefing sponsor), AT&T, The Boeing Company, Duke Energy, The Kroger Co., Old National Bank and Wabash Valley Power.

We hope to see everyone who attended – and more – back next year!

Senators Discuss Tax Reform, Trip to Indy During D.C. Fly-in

While the irony of timing isn’t lost on anyone, the Indiana Chamber’s annual D.C. Fly-in delegation was in Washington D.C. yesterday while President Trump and several Indiana congressional representatives were in Indianapolis as the President revealed his tax reform plan.

It was an important moment for Indiana to be in the national spotlight as the much-anticipated tax reform plan was revealed. Read Indiana Chamber President Kevin Brinegar’s statement on the reform plan here.

And though some of Indiana’s federal lawmakers were in Indianapolis, both of Indiana’s senators were able to return in time to attend the D.C. Fly-in dinner and address over 100 Hoosier business leaders about their trip with the President.

Senators Joe Donnelly and Todd Young  discussed the potential for bipartisan agreement on tax reform (and a “sweet” treat Donnelly brought with him from Air Force One):

Additionally, one of the Senate’s leading tax experts, Sen. Rob Portman (R-Ohio), shared his perspective at the D.C. Fly-in dinner. Here are a few of his comments to the group, on the “positive list” of reforms included in the President’s tax plan:

We’ve been keeping you updated on social media (find us on Twitter at @IndianaChamber or follow #ICCinDC, and on Facebook at www.facebook.com/indianachamber/).

Thank you to all our event guests and sponsors for the 2017 D.C. Fly-in, including Build Indiana Council, Legislative Briefing sponsor; Allegion, cocktail reception sponsor; and Zimmer Biomet, dinner sponsor.

100+ Business Leaders Going to D.C. This Week for Chamber Fly-in

A record group of more than 100 of the state’s top business leaders and government affairs executives will be attending the Indiana Chamber’s annual D.C. Fly-in on September 27 and 28. The timing couldn’t be more perfect with a potential health care reform vote, rollout of a tax reform plan and the end of the fiscal year all taking place.

This year, legislative briefings will be conducted by congressional members, who will be highlighting key public policy areas that line up with their committee assignments and expertise:

  • Tax reform – Indiana 2nd District U.S. Rep. Jackie Walorski
  • Regulatory reform – Indiana 9th District U.S. Rep. Trey Hollingsworth
  • Health care reform – Indiana 8th District U.S. Rep. Larry Bucshon
  • Infrastructure and transportation policy – Indiana 4th District U.S. Rep. Todd Rokita
  • Education policy – Indiana 6th District U.S. Rep. Luke Messer

There is still time to register for the D.C. Fly-in; go to www.indianachamber.com/specialevents.

Make sure to follow us on Twitter at @IndianaChamber or #ICCinDC for up-to-the-minute important information on what’s happening in Washington.

Zimmer Biomet is the Fly-in’s dinner sponsor. Allegion is the cocktail reception sponsor. Build Indiana Council is the legislative briefing sponsor.

Event sponsors are AT&T, The Boeing Company, Duke Energy, The Kroger Co., Old National Bank and Wabash Valley Power.

Chamber Talks Policy at D.C. Fly-in

congressWe are fresh from our return from the Chamber’s D.C. fly-in last week. The group had a policy briefing, dinner with the Indiana delegation and successful meetings on Capitol Hill the following day.

To kick things off, the Chamber’s policy briefing covered trade, transportation funding and tax reform.

U.S. Assistant Trade Representative Ashley Jones of the White House Office of Trade briefed our group on the Trans-Pacific Partnership (TPP). Per the Chamber’s federal position on the matter, we support the establishment of free trade agreements that create free and fair trade for the U.S. – including TPP. We support free trade initiatives because international trade touches all Indiana businesses – large and small – at some level. With Indiana being ranked in the top tiers in manufacturing, life sciences, agriculture, etc., trade is imperative to Hoosier businesses. Selling more manufactured Indiana goods and services around the world is a great way to create, maintain and grow Indiana jobs, help the business community and keep Indiana and the United States ahead of global competitors.

We know and understand that our entire membership is not 100% on board with TPP – and neither are the two major party presidential candidates or some in the Indiana delegation – but we are hopeful that some negotiations will allow for TPP to receive a congressional vote after the November election.

Dennis Faulkenburg, president of APPIAN (a transportation consulting and governmental affairs firm in Indianapolis) and chairman of the Chamber’s Infrastructure Committee, spoke to the group on transportation funding. He explained that it was important to thank the delegation for their support of the federal FAST Act (Fixing America’s Surface Transportation), which passed last December. However, while the FAST Act provides funding through 2020, Congress did not enact a stable, long-term way to pay for highway infrastructure, instead transferring $70 billion from the General Fund to pay for the bill. As the Chamber has advocated before at the state level, it is imperative to have long-term sustainable funding for Indiana infrastructure. It is our hope that the next Congress will make this a priority.

Chamber President Kevin Brinegar gave the group an update on reforming the federal tax code. Kevin reminded everyone that a major overhaul is long overdue – as it has been nearly 30 years since the last major reform. Since that time, the code has been loaded up with hundreds – if not thousands – of new provisions. Overall, the current code is overly complex, unfair, anti-competitive and stifles both economic growth and job creation. Such a reform should include a lowering of the corporate tax rate from 35% (the highest in the world today) to 25% or lower; a lowering of the top personal income tax rate to 25% while reducing the number of brackets; elimination of the alternative minimum tax (AMT) and estate tax; and adoption of a territorial system in which income earned overseas is not taxed twice. Kevin stressed the importance of letting our delegation know that we need to curb federal spending.

The group then enjoyed a dinner while meeting with and hearing from both Sen. Dan Coats and Sen. Joe Donnelly as well as most of our House members. Many spoke about the policies we highlighted earlier in the evening and about the 2016 election year and how historic it has become.

Thursday morning’s political briefing featured Jeff Brantley and Rob Engstrom, political experts from the Indiana Chamber and U.S. Chamber respectively. Both felt that in Indiana Republicans will likely keep their super majorities in the House and Senate. At the national level, Engstrom spoke about polling in the U.S. Senate race and in the 9th Congressional District and how he sees the momentum swinging to the Republicans, albeit noting still a tough road ahead.

The group then moved to meetings on Capitol Hill with the entire delegation or their staff representatives.

A special thank you to this year’s D.C. fly-in sponsors:

  • Zimmer Biomet – dinner sponsor
  • Allegion – breakfast sponsor
  • Build Indiana Council – hospitality sponsor
  • The Boeing Company, Duke Energy, Hartman Global IP Law, the Kroger Company, Old National Bank and Wabash Valley Power – event sponsors

“Zimmer Biomet is proud to be a longtime member of the Indiana Chamber and we were pleased to be a sponsor of this event, as we have been since 2012. … The event was an excellent opportunity for Zimmer Biomet and other Indiana businesses to tell our representatives and senators directly what we need to succeed.” – Stuart Kleopfer, Zimmer Biomet President, Americas

Connect, Make an Impact at D.C. Fly-In

congressIndiana Chamber members go to Washington each September to discuss key policy issues with the Indiana congressional delegation. In 2016, a little politics might be worked into those conversations. Either way, it’s your opportunity to make an impact.

The event is the annual D.C. Fly-In on September 14-15. It features a roundtable discussion with Indiana’s congressional delegation on the opening night. Day two includes a panel of national and state issue experts, followed by group visits to congressional offices.

Expect to learn more and advocate on key issues such as transportation, trade, immigration and the Every Student Succeeds Act.

“It’s a very interesting time in Washington,” remarks Caryl Auslander, Chamber vice president of federal affairs. She points to a few (of many) reasons why: “Indiana will have a new member of Congress with Sen. Coats retiring. And with the appointment of a new Supreme Court justice nominee on the line, the potential for a change in power in the Senate and the Presidential race is extremely important.”

Register today for the D.C. Fly-In online or by calling customer service at (800) 824-6885. Cost is $149 per person, with group discounts available. Each attendee is responsible for securing travel arrangements. Discounted hotel rooms are available for Chamber Fly-in guests at the Hyatt Regency Washington on Capitol Hill.

Zimmer Biomet is the dinner sponsor. The breakfast program sponsor is Allegion PLC. The hospitality sponsor is Build Indiana Council.

Event sponsors: The Boeing Company, Duke Energy, Hartman Global IP Law, The Kroger Co., Old National Bank and Wabash Valley Power.

Additional sponsorship opportunities are available by contacting Jim Wagner at (317) 264-6876.

“The entire Indiana congressional delegation is typically involved in some way in this event,” Auslander comments. “To bring everyone together in the same room is pretty amazing and an incredible benefit for our members.”

Sen. Donnelly: “Roads Aren’t Republican or Democrat”

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In a visit with the Indiana Chamber’s Congressional Affairs Policy Committee today, Sen. Joe Donnelly (D-Indiana) said he believes a new long-term highway infrastructure bill should be enacted yet this year.

Citing “desperate, crying” infrastructure needs, the senator said two imperatives are to “make sure we (Indiana) get our share” and “make sure we get it funded. We’re talking about  a six-year deal. I’ll take a five-year deal (if need be).”

Indiana is currently receiving 95 cents back on each tax dollar that it sends to Washington. In recent discussions, Donnelly voted no on a proposal that would have included Indiana’s share dropping to between 90 cents and 92 cents on the dollar. The goal, he says, is for no state to be funded at a lower percentage level than in the last long-term deal.

Transportation funding has been dependent on a series of short-term extensions that have not provided the resources needed for states to act with any certainty. Donnelly cited several instances of the damaging impact in Indiana, including the current closure of Interstate 65 near Lafayette due to bridge instability.

“Roads aren’t Republican or Democrat; they’re roads,” he explains. “There’s no way to do this without investment. I’m for seven different ways to fund this thing. Just pick one (or more). I just want to build roads.”

Donnelly also discussed potential changes to the Affordable Care Act (including his support for elimination of the medical device tax), the consequences of Washington legislating through Executive Orders, the debt limit, immigration, Iran, global environmental concerns and more.

Congress is scheduled to resume its work in Washington after Labor Day. Indiana Chamber members will be traveling to Washington on September 16-17 for the annual D.C. Fly-in. You can still register to participate.

D.C. Fly-in with Congressional Delegation Sept. 16-17

7324001Don’t sit on the sidelines when you could be influencing laws and regulations under discussion in Washington. Make an impact by attending the Indiana Chamber’s D.C. Fly-in on September 16-17. (Note: Our hotel room block expires Sunday so book your reservations this week!)

The event offers business and community leaders an opportunity to speak with Indiana’s congressional delegation and key staff members during a roundtable discussion/dinner on September 16. The second day features a panel of national and state issue experts, followed by numerous group visits to congressional offices.

By September, the 2016 presidential campaign will be in full swing with a number of members of Congress running for re-election. Dominant issues in Washington and beyond will include transportation, tax reform, repatriation of overseas funds, Obamacare and immigration.

Cost is $149 per person and group discounts are available. Each attendee is responsible for securing travel arrangements. Discounted hotel rooms are available for Chamber Fly-in guests at The Liaison Capitol Hill. Register online.

(The D.C. Fly-in is sponsored by Zimmer. The breakfast program is sponsored by Faegre Baker Daniels. Additional sponsorship is provided by Duke Energy. Thanks to these fine businesses for their support.)

D.C. Fly-in is Your Chance to Speak Up

7324001Don’t sit on the sidelines when you could be influencing laws and regulations under discussion in Washington. Make an impact by attending the Indiana Chamber’s D.C. Fly-in on September 16-17!

The event offers business and community leaders an opportunity to speak with Indiana’s congressional delegation and key staff members during a roundtable discussion/dinner on September 16. The second day features a panel of national and state issue experts, followed by numerous group visits to congressional offices.

“It’s ideal to get in front of lawmakers in D.C. so they can go back to their offices and get to work on what you just talked to them about,” emphasizes Cameron Carter, Chamber vice president of economic development and federal relations.

By September, the 2016 presidential campaign will be in full swing with a number of members of Congress running for re-election. Dominant issues in Washington and beyond will include transportation, tax reform, repatriation of overseas funds, Obamacare and immigration.

Dennis Faulkenberg, president and CEO of transportation advising company APPIAN in Indianapolis, has participated in the Fly-in for as long as he can remember. He’s helped coordinate office visits on Capitol Hill the last several years.

“Since I’ve spent some time lobbying in Washington, I know the Hill and how to get from one place to the other,” Faulkenberg comments. “It’s really special to meet with members of the congressional delegation, and voice your concerns and opinions about business in Indiana.”

Cost is $149 per person and group discounts are available. Each attendee is responsible for securing travel arrangements. Discounted hotel rooms are available for Chamber Fly-in guests at The Liaison Capitol Hill.

The D.C. Fly-in is sponsored by Zimmer. The breakfast program is sponsored by Faegre Baker Daniels. Additional opportunities are available by contacting Jim Wagner at jwagner@indianachamber.com or at (317) 264-6876.

D.C. Fly-in Helping Hoosier Business Leaders Connect with Washington

Policy decisions taking place in Congress have a tremendous impact on Hoosier businesses. That's why Chamber representatives and Indiana business leaders embarked yesterday on the 2013 D.C. Fly-in.

Participants have the opportunity to speak with their representative and senators during a panel discussion, moderated by Gerry Dick of Inside INdiana Business, and at a sit-down dinner. Day two features visits to congressional offices to continue the dialogue. The key agenda items that will be discussed are comprehensive tax and regulatory reform, as well as principled, pragmatic immigration reform.

New this year, the Indiana Chamber is partnering with several local chambers to present a unified voice. We're grateful the Chambers from Carmel, Fort Wayne, Terre Haute, Warsaw (Kosciusko County), Southern Indiana (One Southern), Indianapolis and Evansville have joined us.

"It is important to be able to review vital issues with our congressional leaders. It is also a great opportunity to build relationships with members of Congress and their staff," explains Cam Carter, Indiana Chamber vice president of economic development and federal relations.

The Chamber would like to especially thank our D.C. Fly-in sponsors: Build Indiana Council, Duke Energy, Faegre Baker Daniels and Zimmer, Inc.

Register Now for the D.C. Fly-in; Get Your Voice Heard

With next Tuesday’s primary just around the corner, political talk is dominating water cooler — and Twitter — chatter around the country. But regardless of who’s in office, legislators need to hear the voices of Indiana’s business community.

Please join us on our D.C. Fly-in on September 19-20. See just a few testimonials of past participants:

“The Indiana Chamber’s Washington D.C. Fly-In is a great way to gather information about pending legislation and regulations that are relevant to businesses in Indiana. It also provides an excellent opportunity to meet with Indiana’s Congressional Delegation and discuss a variety of current issues. I consider the Fly-In to be one of the most important ways that we make our voices heard in Washington.” – Tom Easterday, Executive Vice President, Secretary and General Counsel Subaru of Indiana Automotive, Inc.

“Employers large and small who participate in the Fly-In put a face on the challenges impacting Indiana businesses and make a very real difference. No other organization brings such a diverse group of highly respected business leaders together, from across our state, to engage elected officials on the key issues impacting our ability to create jobs.” – Tom Hirons, President & CEO, Hirons & Company Communications Inc. 

“The Indiana Chamber of Commerce DC Fly-in offers a once a year opportunity for Indiana Business Leaders to hear from and speak one on one to all the members of Indiana’s Congressional Delegation… Lugar, Coats, Pence, Visclosky, Pence, Donnelly…All the Democrats and Republicans representing our State’s interest on Capitol Hill. This Congressional access is not available anywhere else to Hoosier business leaders. Plus, the event offers the opportunity to network with other like-minded Chamber members to collaborate to make certain our message is heard AND acted upon. Members of Congress are often more responsive to ‘live’ business leaders that make the effort to come see them than the career lobbyists that they more often hear from.”, David Wulf – VP, Administration, Templeton Coal Company