November 2024 Newsletter
A Word from our President
by – Kenneth Baty-Reddi Industries
I want to start by thanking all who showed up to support the WTI general meeting last month. I’m sure it was very informative as usual.
I hope you all made time to get out and VOTE, it is one of the greatest FREEDOM’s of our great nation we live in.
Finally we are seeing some strange water falling from the sky…it is much needed. Cooler weather seems to be finally here to stay for a while. Holiday seasons are approaching…stay safe if you are planning to deep fry your turkeys…. I prefer to smoke mine.
Make sure to join us at our upcoming general meeting that will be at the Scotch on November 19th when Wichita Sheet Metal (WSM) will be giving us some great information… oh and by the way… I heard it has been approved for non code CEU.
SEE YOU THERE!!
Please feel free to email or call Kenneth at (316)-491-5111 or KennethB@reddi.com with any concerns or questions.
MABCD Newsletter
Click here to get the latest updates on Mechanical, Electrical and Plumbing changes to code.
Congratulations to Thomas Martin Jr. from WTI winning the latest tool scholarship.
October’s General Meeting
Thank you WTI for hosting last month’s general meeting, always great to change up the scenery. Thank you Rod and all the instructors at WTI for the information you gave out to all of us in attendance. The winner of the $100 drawing was Heather Williams from WTI, congratulations!
Again, thank you to all who attended, it was great to see everyone!!
Hope to see you @ future meetings!! All general meetings are held on the 3rd Tuesday, except no meeting in July or December.
2024/2025 Meetings
Reminder to RSVP on website @ kccaks.com
This list is subject to change due to speakers not able to make the date we have selected for them.
Christmas Party details are HERE!!!!
Harris vs. Trump on HVACR
The presidential candidates take different approaches to issues that affect the industry
By Matt Jachman
Neither Donald Trump nor Kamala Harris have much to say about the HVACR industry.
But through their respective platforms, campaign speeches, and other public statements, Trump, the former president and current Republican presidential nominee, and Harris, the current vice president and the Democratic presidential candidate, have plenty to say about issues that touch HVACR. Their respective policies on taxes, trade, energy, housing, and the workforce have the potential to shape the industry’s direction if adopted.
Taxes and tariffs could influence where products are made, how much they cost, and manufacturers’ bottom lines, for example. Energy policy has a bearing on the efficiency of those products and whether the government will help consumers pay for them, and workforce development policy could impact what is already a major shortage of skilled trades workers, including in HVACR. The Republican platform is a 16-page document available on Trump’s campaign website, while Harris’ campaign site features an 82-page policy statement that’s separate from the slightly longer Democratic Party platform. Here’s a broad review, based on information available within those pages and on the candidates’ statements and other published reports, of where the two are on issues related to HVACR.
Corporate Taxes and Trade
The Tax Cuts and Jobs Act (TCJA), which Trump signed as president in 2017, set a flat corporate rate of 21% of taxable income. According to the nonpartisan Tax Foundation, that replaced a graduated corporate rate schedule that had a top rate of 35%, plus a small extra tax — maxing out at $100,000 — for corporations with more than $15 million in taxable income. The Trump campaign advocates a 20% corporate rate, a 15% rate for companies that build their products in the U.S., and making other TCJA provisions, some of which expire at the end of next year, permanent. Harris proposes a 28% corporate rate, plus increasing the tax on stock buybacks as a way of encouraging businesses to reinvest. Trump has famously proposed increasing tariffs on imported products, plus imposing an additional tariff on goods from China of at least 60%, as a way of protecting domestic production and jobs and raising income for the government. Harris counters that increased tariffs would amount to additional taxes for consumers and contribute to inflation. Both candidates have issued general promises to combat unfair trade practices, and their platforms both mention the need for strong supply chains. Trump’s agenda specifically includes a pledge to “bring home critical supply chains.”
Energy Policy
Trump rails against the Green New Deal, which started out as a nonbinding resolution aimed at steering the country away from fossil fuels and mitigating climate change. The original Green New Deal failed in the U.S. Senate in 2019, but the name has been attached to other proposals that concern energy and the environment. The Inflation Reduction Act (IRA), which became law in 2022, could be considered a green new deal, as it earmarked $369 billion for energy security and combating climate change, including by offering incentives for efficient and electric HVAC equipment. Harris cast the tie-breaking vote in the Senate for the IRA, and would undoubtedly resist efforts to scrap it or scale it back. With some exceptions, Republicans are critical of the IRA, and Trump has said he would rescind any unspent IRA funds if elected. Trump’s platform pushes fossil fuels and nuclear energy, and includes the phrase “drill baby drill” while promising to terminate “the Socialist Green New Deal.” The vice president’s platform, while noting the U.S. has been a net oil exporter for the last three years, says a Harris administration would continue investing in renewable energy.
Apprenticeships
Both Harris and Trump favor increasing trades apprenticeships, though under different models. Trump, as president, signed an executive order that moved oversight of government-funded apprenticeships from the U.S. Department of Labor (DOL) to third parties, such as businesses, trade organizations, and unions. The DOL reversed that policy in 2022 in favor of its registered apprenticeship program. Harris favors expanding the DOL’s registered apprenticeship program, which Democrats say leads to higher-quality trades education and results in workers with nationally recognized credentials that are portable across state lines. Republicans say the DOL’s program involves too much red tape.
Small Businesses
The Harris platform devotes a chapter to small business policy. She sets a goal of having 25 million new business applications filed within the next four years, calls for increasing the tax deduction for business startup expenses from $5,000 to $50,000, and says she’ll make tax filing easier for small businesses and remove unnecessary occupational licensing requirements. The Trump platform doesn’t mention small businesses.
Housing
The Trump housing plan calls for opening some federal lands to allow for new home construction, promoting home ownership through tax incentives and support for first-time buyers, and cutting regulations that, in his view, raise the cost of housing. His plan to cut inflation, the Republican platform says, would bring down mortgage rates and make homes more affordable. Harris has more detailed plans for housing. They include down payment support of up to $25,000 for first-time buyers, with even more support for those whose parents didn’t own a home; an expansion of a tax credit that helps builders construct affordable rental units; a new tax credit to support the construction or rehabilitation of housing in low-income areas; and another new tax incentive to make it more affordable to build entry-level homes.
Funny Photos
Key Strategies to Help Prevent Cyber Losses
Your employees are often your first line of defense in keeping your digital business assets secure. Using regular training programs and implementing a cyber risk management plan can be an effective way to build your line of defense against digital threats that could negatively impact your business, valuable information, and profits. Consider the following:
Conduct Frequent Employee Training
• Phishing Awareness – Teach employees to recognize common phishing tactics, such as suspicious emails and fraudulent links.
• Safe Browsing Habits – Instruct staff on best practices for navigating the internet securely, including how to identify secure websites.
• Password Management – Encourage the use of strong, unique passwords and emphasize the importance of changing them regularly.
• Regular Training – Use simulations and refresher courses to help reinforce cyber security knowledge.
Utilize a Risk Management Plan
• Regular Vulnerability Assessments – Conduct routine checks to identify and evaluate potential cyber risks within the organization.
• Automated Security Protocols – Implement automated systems to oversee security measures, ensuring timely updates and responses to threats.
• Incident Response Plans – Develop clear and structured response strategies for addressing data breaches or cyberattacks effectively.
Reach out to your local Federated® marketing representative to learn more about cyber safety and other risk management topics.