TIA lauds tax bill passage

The Telecommunications Industry Association (TIA) is praising lawmakers’ passage of the House Tax Cuts and Jobs Act, maintaining the measure would advance broadband infrastructure, connectivity, and jobs in the future.

“Passage of the Tax Cuts and Jobs Act ensures that our country remains a global technology leader,” Cinnamon Rogers, TIA’s senior vice president of Government Affairs, said. “By lowering the corporate tax rate, the legislation ensures a business environment that will encourage start-ups to invest in growth and large companies to bring new services and products to market. It will foster business investment in essential communications networks, releasing the full potential of American innovation to create jobs and strengthen our economy.”

TIA officials said the organization represents manufacturers and suppliers of global communications networks through standards development, policy and advocacy, business opportunities, market intelligence, and events and networking.

“It is impossible to underestimate the role of our high-speed broadband networks in powering business growth and creating economic opportunity for all Americans,” Rogers said. “We appreciate that the Administration, leaders in Congress, and regulators recognize this role and took meaningful action in 2017 to advance important tech policy priorities.”

The legislation represents just one of the positive policy developments this past year that promises to accelerate connectivity and create new high-tech jobs, officials said, referencing the FCC’s recent action to restore the approach of light-touch regulation of the internet, fostering innovation and investment in the country’s telecommunications infrastructure.