If you ask people what September means to them, you’ll get lots of different answers: the end of summer, back to school, start of college/NFL football, cooler weather, or perhaps baseball pennant races (unless they’re in DC). Companies that use the GSP program might also mention the return of Congress from a looooong state work...
Continue readingYesterday, the Washington Post published an article on GSP expiration, in which it asked the rhetorical question: “theoretically, the tariffs get refunded when the program is finally reauthorized, so no big deal, right?” This is a problem we always face. People assume that just because the money is typically refunded, retroactive renewa...
Continue readingThis morning, the Washington Post’s Wonkblog featured a post on the impacts of GSP expiration. The article highlights two very points. First, even if tariffs are refunded retroactively, expiration creates a serious financial burden for small businesses that cannot afford to pay higher taxes for an undetermined amount of time. Second, the unce...
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