Western Pallet Magazine July 2025 | Page 39

July 2025

keep the expanded 23% pass-through deduction because that difference helps small, family-owned businesses like so many in our industry reinvest in their operations and people. We're also advo- cating for the return of 100% bonus depreciation, which previously allowed companies to fully write off equipment purchases right away instead of stretching it out over years. That immediate tax relief made it easier to take risks, modernize, and grow.

And as borrowing becomes more ex- pensive, we’re pushing for a more flexible cap on how much interest businesses can deduct, especially since the current rules penalize us just for financing smart investments. We also want to keep the ability to immediately deduct research and development costs, which encourages innovation instead of delaying it due to budget concerns.

None of these are special handouts. They’re basic tools that used to exist and that we need back if we want to keep making things in America. I’ve seen first- hand how these changes would help manu- facturers do what we do best: create jobs, invest in our people, and stay competitive no matter what the market throws our way.

Looking Ahead

As we move into the second half of 2025, our industry sits at the intersection of innovation, environmental stewardship, and economic impact. From cutting-edge recycling efforts to policy advocacy in

Part of WPA efforts include lobbying for wood residuals to be elible to use in sustainable aviation fuel (SAF).

Washington, the wood pallet and container industry is not just surviving, we’re building, adapting, and leading!

Let’s stay informed, engaged, and ready to speak up for our value.

Here’s to a strong second half—see y’all out there! WPM