The NRF is opposing certain taxes that may end up stifling retail sales:
“The Ryan-Brady plan would transition the United States from its longstanding income tax system toward a consumption tax system. French said studies conducted for NRF show that alone would cause retail spending and employment to decline for an estimated six years. The plan also includes a proposal for a 20% border adjustment tax on imports, which French said would cause an even steeper decline in spending. The border tax proposal is expected to be the subject of an additional hearing next week.“
As a business owner, how do you feel about these proposed taxes? Have you talked to your legislators about your concerns?