As noted yesterday, GSP expiration cost American companies more than $56 million in September alone, and more than $110 million through the first two months. Not surprisingly, big states pay the most, but companies in all states are stuck paying higher taxes on previously duty-free goods. Here are the top 10 states ranked by the...
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Written on November 15, 2013 in
GSP
The other day, we highlighted a comment on the impacts of GSP expiration made by a small manufacturer with operations in both Ohio and Texas. Today, we wanted to share the thoughts of a small business owner in the Cincinnati area: We may be a very small company in comparison to other companies that also...
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Written on November 14, 2013 in
GSP
Two more companies added their names to the GSP Supporter List today, bringing the total to 375 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 350+ companies on the list are incredibly diverse… They are headquartered in 40 states (plus DC) and 200+ congressional districts, but opera...
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