We spent a good chunk of last week running around Capitol Hill and meeting with House offices about the importance of renewing GSP. Every office we met with had at least one GSP supporter list company headquartered in the district – one of them had 12 constituent companies (!) – so we knew there would...
Continue reading[getty src=”172709561?et=GcWiOQ7veUCcIPCXAam_nQ&sig=4GqngzqV2fttUS29IMlV1bAT_d8n-2VMK47gpxuFRgs=” width=”450″ height=”354″] Tax day. For some that means refunds and others it means cutting a check to Uncle Sam. For GSP importers, it means another $1.8 million in higher import taxes (in addition to corporate t...
Continue readingWhat happens when Congress allows GSP to expire? According to a new report published today by the Coalition for GSP, the combination of higher taxes and the resulting lost sales force companies to take a number of harmful actions, including layoffs, hiring freezes, benefit cuts for workers, and delayed investments. The Real Impacts of GSP...
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