Spending Against Ryan’s Border Tax Jumps Even as Its Chances Dim
- National Retail Federation spent $5 million in second quarter
- Brady has acknowledged BAT may not be politically tenable
Lawrence Summers Makes the Case for a Border Tax
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A retail trade group almost tripled its federal lobbying spending during the second quarter of 2017 as it tried to kill a centerpiece of House Speaker Paul Ryan’s tax plan -- the border-adjusted levy on imports.
The National Retail Federation, whose members include retailers that rely on imported goods, spent almost $5 million during the three months ending June 30 compared with $1.68 million during the same time period a year earlier, according to disclosures filed Thursday with the government.