House Ways and Means should publicly take advertising tax ‘off the table’ for tax reform bill

July 26, 2017, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement urging the House Ways and Committee Chairman Rep. Kevin Brady (R-Texas) to take the advertising tax off the table in upcoming discussions on the tax bill:

“House Ways and Committee Chairman Kevin Brady wisely chose against the inclusion of an advertising tax in his initial tax reform proposals. Advertising is an immediate business expense and should continue to be allowed to be deducted as such. Other than looking for a pot of money, there is no economic rationale for changing the way advertising is treated in the tax code, and Brady should make this absolutely clear that an ad tax is off the table.”

Interview Availability: Please contact Americans for Limited Government at 703-383-0880 ext. 100 or at media@limitgov.org to arrange an interview with ALG experts.

###

Print Friendly, PDF & Email