70
|
MAY 2017
|
THINK
reformof our tax laws, and there
is a consensus that the time is
right. But the BAT has emerged
as a deeply controversial element
thatmay slowdown the process or
derail it entirely. Although one of
the intellectual fathers of the BAT
concept believes that tax reform
can occur with or without the BAT,
proponents continue to insist that
the BAT is the glue that holds the
entire tax reformproposal together.
Will tax reform contain some
form of the BAT? It’s too early to
tell. But one thing is certain. Now
is the time to speak up to ensure
that tax reform is done in a way
that benefits our companies and
our industry.
And if we are not vocal, we
may find that everybody does
love tax reform—except us.
Stephen Lamar is executive vice president at the American Apparel
& Footwear Association (AAFA). He is responsible for the design and
execution of AAFA lobbying strategies on a series of issues covering
trade, supply chains and brand protection. In these roles, Lamar also
advises AAFA member companies on legislation and regulatory policies
affecting the clothing and footwear industries. He is also president of
the Washington International Trade Association (WITA), a non-profit,
non-partisan organization dedicated to providing a neutral forum for
discussion of international trade policy and related issues.
Add your voice to the
growing number of industry
members opposing the Border
Adjustment Tax (BAT). Details of
the House Republicans’ plan is
expected to be published before
summer but there may still be
time to support the opposition.
Contact your member of
Congress today and request
a reform of the tax code that
won’t negatively affect American
workers. To find out who to
call and what to ask for go to
cqrcengage.com/ppa/makeacall.Stop The Proposed
Border Adjustment Tax
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