;#Faculty News;# | HBR Blogs | 05 Mar 2012
It's Manufacturing's Turn for Special Treatment
by Gary Pisano
Following up on his pledge to provide greater support for manufacturing in his State of the Union address, President Obama has announced a proposal to cut the effective tax rate for manufacturers to 25%. A number of economists howled against this so-called "industrial policy" and criticized the president's singling out manufacturing for "special treatment" — something they say no industry should get.

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