ST Alpha - "there's the retailer pushback i've been waiting for...." (Reading a Post)

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there's the retailer pushback i've been waiting for....

Posted by x (aka dmuck) Feb 1 '17, 13:10

"The Americans for Affordable Products is a coalition of job creators, entrepreneurs, and business leaders united against higher prices on everyday necessities. We oppose any Border Adjustment Tax (BAT) because it will increase the cost of clothing, food, medicine, gas, and other essential items that Americans rely on. Consumers shouldn’t bear the burden of this new tax while some corporations get a tax break. We fight for consumers by protecting their pocketbooks and ensuring access to affordable everyday products. We support comprehensive tax reform and encourage Congress to implement policies that helps businesses of all sizes, ensures the protection and creation of jobs, and promotes prosperity for all Americans."

keep america affordable--wal-mart, walgreens, nike, nieman marcus etc etc etc (www.keepamericaaffordable.com)

Responses:

It is about time someone explained the simple idea that taxes on imports just raises prices. It will not hurt Mexico at all. -- nm - GregW Feb 1, 13:47 2
- though if you go border-adjusted VAT (which is basically what they're considering), it'll probably make the dollar appreciate, and wipe a lot of that - mafic Feb 1, 15:14
- People buy less, buy from other suppliers , while a taquila costing an extra buck isn't a problem, Corona going up might switch to local craft -- nm - Z2G2 Feb 1, 13:59
Yeah, it took a while to get their shit together. Though they've been calling Congress the past few days as well. -- nm - spamlet Feb 1, 13:24 2
- i'm not surprised it took a bit. a lot of competing retailers and state orgs on that list.... - x Feb 1, 13:31 1
  - Here's the one Politico highlighted this morning. Best Buy and Toyota seem to be leading this push. -- (link) - spamlet Feb 1, 13:38
Jeez, it was your core market, Walmart shoppers that got the Nazi fock elected -- nm - Z2G2 Feb 1, 13:18
Surprised it took this long. -- nm - ty97 Feb 1, 13:13

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there's the retailer pushback i've been waiting for....

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