The Texas Retailers Association is leading a charge against the Boarder Adjustment Tax – a segment of the House GOP’s tax reform plan – arguing that the “ill-conceived effort” would hurt consumers and retailers.
Thursday the group announced the official Texas launch of the Americans for Affordable Products coalition, a collection of more than 400 companies, groups and associations from across the country that teamed up to oppose the tax.
“Rather than advancing this job killing, anti consumer tax, Republicans should stick to the conservative principles they got elected on and cut spending so they can lower taxes fairly and equitably for families and businesses alike,” Texas Retailers Association President and CEO George Keleman said.
Kathryn Sharp, vice president of tax at Stage Stores, Inc. based in Houston and member of the association said that while the groups “whole heartedly” supports tax reform it “should not be at the expense of the American consumer.”
Keleman said the tax would be harmful to small and large businesses alike, especially grocers.
“At the end of the day there’s a lot of resource material and raw material that we just don’t produce in this company or we don’t produce enough of, and that’s why we have to import them,” Keleman said.
The push against the tax has garnered the support of several conservative groups in the state, including the Texas Conservative Coalition, Conservative Tea Party of Texas, the Texas Conservative Tea Party Coalition and the Harris County Conservative Tea Party Coalition, according to the Americans for Affordable Products website.
Keleman said the Texas Conservative Coalition distributed a letter to members of the House and Senate voicing opposition to the tax. The coalition declined to provide a copy of the letter since it hasn’t been sent yet but confirmed that it has been circulated.
“So you have a large group of Tea Party organizations, conservative organizations that are actually engaged in leading the opposition to this,” saidTodd Smith, an Austin based political consultant and lobbyist.
“The dynamic that makes that so interesting is because this is a bill being proffered by a conservative Republican from Texas, Ways and Means Committee chairman Kevin Brady, but you’re seeing more activity from conservative organizations in the state of Texas who understand the dynamic and why this uniquely hurts the state of Texas.”
By Eleanor Dearman
Copyright March 30, 2017, Harvey Kronberg, www.quorumreport.com, All rights are reserved