February 2026

Getting Serious About American Manufacturing

A request for a 30-minute briefing with tax/industry/national security staff to walk through a four-bill, market-based package to rebuild domestic manufacturing and critical supply chains.

◆Bottom Line

We have a tremendous opportunity to incentivize manufacturing companies to adopt advanced manufacturing, innovate, and restore lost American product leadership while regaining national security. Current equity and loan programs, while critical to the DIB, cannot scale to the tens of thousands of middle-tier suppliers required for a robust industrial base.

This package uses simple tax and finance incentives tied to Domestic Value Added (DVA: U.S. labor, facilities, and domestic inputs) to improve manufacturing returns and unlock lower-cost private financing across the full supply chain, especially the "missing middle" which current programs do not reach.

America's industrial base eroded to crisis levels since China's accession to the WTO. U.S. share of global manufacturing has fallen from 28% (2002) to approximately 15% today, representing over $2 trillion annually in foregone manufacturing output.

The Package: A Free-Market Incentive Suite

This package complements the One Big Beautiful Bill, Administration actions, OSC, and LPO by introducing free-market incentives throughout the manufacturing supply chain. Ten-year estimated cost: ~$1 trillion; estimated returns of $2–$4 trillion in cumulative GDP, 3–5 million jobs, and $100–$250B/yr in trade improvement.

Bill	10-Year Cost	Primary Benefit
MINA Act	$500–560B (10-year)	Broad manufacturing incentive with 5%/yr growth
DO IT NOW Act	$380–480B (10-year)	Strategic sector focus with 5%/yr growth
Mannie Mac	$25B (appropriation)	$250B+ in guaranteed lending; ~$600B total investment mobilized
MICA	$30–50B (10-year)	Rebuild and re-energize private manufacturing companies
TOTAL PACKAGE	$940B – $1.12T	See benefits below

The Four Bills

Trump's Proposed Manufacturing Tax Rate (15%)

MINA — Manufacturing Incentives Now Act

Rather than a straight 15% rate, deliver income statement benefits to incentivize manufacturing companies through a transferable credit based on its percentage of domestic manufacturing (DVA). Unlike Section 199's easily-gamed 20% threshold, the DVA metric is well-defined, easy to calculate, and hard to game.

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"Do It Now" Critical Supply Chain Super-Incentive

DO IT NOW Act

Incentivize additional DVA for Strategic Sectors. Higher DVA = larger incentive. An additional 14% transferable credit stacking on MINA's 6% for a combined 20% credit on qualified DVA costs.

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"Mannie Mac" Manufacturing Finance GSE

Manufacturing Finance Corporation Act

Banks provide capital to manufacturing companies. Modeled on Fannie/Freddie with secondary-market securitization, banks originating loans, recycling capital, and subsidized rates. Via local banks, Mannie Mac can operate in every district.

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Manufacturing Succession & Reinvestment (QSBS-style)

Made in America Continuity Act

Capital gains relief for private manufacturing businesses transferred to entrepreneurs or heirs, encouraging reinvestment, advanced manufacturing, and preserving local capability. 100% exclusion up to $250M with a 10-year holding period.

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