As we posted the other day, GSP expiration cost American companies $55 million in new taxes in November 2014, bringing the total taxes paid from August 2013 to November 2014. With GSP expiration, it’s not the case that just a few areas are impacted. Companies in every state are paying higher taxes, as shown on...
Continue readingWe 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 readingSix more companies added their names to the GSP Supporter List since yesterday, bringing the total to 404 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 380+ companies on the list are incredibly diverse… They are headquartered in 42 states (plus DC) and 221 congressional districts a...
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