Congressman Paul Ryan Tours First District Business Benefitting From Tax Cuts & Jobs Act
WASHINGTON, D.C. - On Friday, January 12, Congressman Paul Ryan spent the day traveling around the First District. One of his stops included a tour of a business that will be able to invest more funds into their facility as a direct result of the recently signed Tax Cuts and Jobs Act. At Zero Zone in North Prairie, Wisconsin, executives spoke with the Congressman about how the bill will allow them to reinvest funds into their operations, purchase more equipment, and hire more employees. Founded in 1961, Zero Zone, Inc. is a leading manufacturer of refrigerated display cases and systems for retail, commercial and industrial use in domestic and international markets.
Following Congressman Ryan’s visit, Zero Zone executives stated, “We appreciated the opportunity to meet with Congressman Ryan and discuss ways the new tax law will help our company and our workers. As a result, Zero Zone will be able to purchase more equipment, create more jobs, and increase economic activity with U.S. equipment manufacturers.”
After meeting with Zero Zone executives, Congressman Ryan said, “I am pleased to learn of both the immediate and future tangible benefits that Zero Zone and its employees will experience as a result of these historic tax reform measures. Zero Zone’s tax reform projections echo what other manufacturers throughout the country are saying in terms of expanding operations and hiring more workers. And soon, workers will begin to see bigger paychecks as new withholding tables take effect. That is what this is all about: helping people earn more and keep more of what they earn.”
Ryan’s tour on Friday follows the news that over 160 companies nationwide have been able to increase wages, bonuses, hiring, and investments as a result of the Tax Cuts and Jobs Act, three weeks after being signed into law.