The Maryland Chamber of Commerce hosted a roundtable discussion with U.S. Senator Ben Cardin and Maryland business leaders on Monday, February 23 at the Chamber headquarters in Annapolis.
Discussion with Senator Cardin covered a wide range of topics including a briefing on the Senator’s consumption tax proposal. The Senator’s proposal would eliminate federal income taxes for most people in the country. It would also reduce the corporate income tax rate and instead, tax the purchase of goods and services. Other topics raised by Chamber members included immigration, international trade, presidential leadership, and the impacts of a 24/7 news cycle. Michael Ratchford, Government Relations, W.L. Gore & Associates, who engaged in the discussion regarding international trade said, “We value our relationship with the Chamber and are delighted with an opportunity for thoughtful dialogue with a respected U.S. Senator.”
The discussion turned candid as the group focused on what can be done to make Maryland a more business friendly state, largely revolving around the need for economic growth and what elected officials can do to strengthen Maryland as a regional, national and global economic leader. Senator Cardin pointed to the many advantages Maryland such as great schools, its enviable location and a growing recognition as the cybersecurity capital of the world. He identified three areas where the Chamber should continue to play an important role:
1.Pragmatic approach with the ability to get things done
2.Promote and leverage the advantages Maryland has now
3.Continue to spearhead the Competitive Coalition.
“This was a meeting for Maryland’s business community to informally and candidly share experiences and concerns with one of their U.S. Senators and/or a member of the state’s congressional delegation,” said Thomas H. Graham, Vice President, People Strategy and Human Resources Pepco Holdings, Inc. and Maryland Chamber of Commerce (Chair). “We look forward to partnering with the congressional delegation and continuing the work of the Maryland Competitive Coalition to advance Maryland as a national business destination.”
The Maryland Chamber of Commerce is Maryland’s leading statewide business advocacy organization. Our 700 members range from small, single person shops to large corporations. We support our members through effective advocacy, high level networking and timely communications. We look forward to seeing you at our next event, the Congressional Delegation Dinner, March 9. Join us for a continuation of this discussion and to hear what other members of the congressional delegation have to say to Maryland’s business community.