Arizona Businesses and Consumers Urge Arizona Delegation to Oppose Tax on Imports
Phoenix, AZ – Americans want tax reform but are deeply opposed to a proposed Border Adjustment Tax (BAT), according to a new national survey released today by Americans for Affordable Products. A strong majority (63%) of voters oppose the border adjustment tax, including 46% of voters who strongly oppose this proposed tax. Key constituencies showed particularly strong opposition to the proposal including women (70%) and senior citizens (63%). The Tarrance Group fielded the survey of 800 likely voters from April 2-5, just ahead of the congressional spring recess.
“This is a wake-up call for congress to follow the lead of our two great Senators John McCain and Jeff Flake and oppose the BAT,” said Michelle Ahlmer of the Arizona Retailers Association. “Americans want our broken tax code fixed, but they are deeply opposed to paying more for everyday necessities just so several large multinational corporations can operate tax free and boost their already deep profits. As the rest of our delegation returns home for spring recess, they can expect to hear wide opposition to the border tax from Arizona businesses and consumers.”
The survey finds that opposition to the BAT’s 20% tax on goods and products imported in the U.S. sharply increases when voters learned of the potential economic impact it could have on them. More than 70% are less likely to support the BAT when they learn it could increase costs for food and clothing by $1700, gas by as much as $.50 per gallon, and car payments by $100 per month. 76% are less likely to support the BAT when learning of the increased price in medicine and prescription drugs. The costs of the BAT to businesses would lead to job losses and unemployment across multiple business sectors. 73% of voters are less likely to support it when they learn that it could increase the unemployment rate.
The reality is setting in for many that the controversial Border Adjustment Tax is a “poison pill” to enacting the pro-growth, comprehensive tax reform that President Donald Trump is calling for, and American consumers and job creators badly need. Opposition to the Border Adjustment Tax is widespread among Senate and House lawmakers, and more importantly among voters. Fortunately, both Arizona Senators John McCain and Jeff Flake have expressed their concerns over the BAT.
Senator Jeff Flake (R-AZ) recently said the following on the BAT: “Cheaper inputs mean lower production costs for U.S.-based businesses, which in turn allows those companies to expand production and to reduce prices. What will happen if we placed a 20 percent tax on all imports?” He went to say of tax reform, “We ought to make sure that the middle class isn’t in the losing column.”
To view a summation of the survey data, click here.
To obtain a full list of the AAP coalition, click here.
Americans for Affordable Products is a coalition of job creators, entrepreneurs, business leaders and consumers united against higher prices on everyday necessities. To learn more, please visit: www.KeepAmericaAffordable.com.