We frequently note that each day of GSP expiration costs American importers nearly $2 million in additional taxes. We also highlight the diverse GSP importers that are on the supporter list. But we don’t know how many other GSP importers might be paying those taxes on any given day. So we decided to conduct an...
Continue readingToday we added the 572nd organization to the GSP supporter list. The number 572 doesn’t have any special significance (although it is one of these), but we thought it was a good time to highlight those calling on Congress to renew GSP. You may notice that many of these sentences are well under 140 characters....
Continue readingEveryone likes to start the weekend on a positive note, right!?!? So we’re sorry to report that new data released this week showed that American companies paid another $61 million in unnecessary taxes in April because Congress still has not renewed the Generalized System of Preferences (GSP) program. More than a quarter of those taxes...
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