October 12, 2017
Time is getting short. The time for you to act is now! Congressional tax writers are discussing the specifics of the tax reform bill “ including a possible tax on advertising” this week. If your Representative is a member of the House Ways and Means Committee, or one of your Senators is on the Finance Committee, I implore you to contact them now and urge them to oppose any effort to change the tax status of advertising.
Members of the Committees are listed below and link to their websites where messages can be left. I also urge you to contact their primary tax advisors.
If your Representative or Senators are not on the tax writing committees, please contact them and ask that they speak to their colleagues on the committees and urge them to leave advertising alone. Contact information for your Senators can be found here and Representatives here.
The goal of tax reform is to grow the economy. A tax on advertising “a primary engine of that growth” would undermine that goal and be counter productive. According to studies designed by a Nobel winning economist a tax on advertising must be opposed because:
- Advertising is the engine of the U.S. economy and generates $5.8 trillion in economic activity
- Advertising supports 20 million American jobs
- Every $1 million spent on advertising supports 67 jobs across American industries
- Every advertising job supports 34 jobs across other industries.
Time is of the essence. I urge you to contact your Senators and Representatives today!
Do not hesitate to contact me if you have any questions and please let me know when you have made contact and if you get a response.
Thank you for your support of the advertising industry and the AAF.
House Ways and Means Committee
Senate Finance Committee
Orrin Hatch, Utah, Chairman
Chuck Grassley, Iowa
Mike Crapo, Idaho
Pat Roberts, Kansas
Mike Enzi, Wyoming
John Cornyn, Texas
John Thune, South Dakota
Richard Burr, North Carolina
Johnny Isakson, Georgia
Rob Portman, Ohio
Pat Toomey, Pennsylvania
Dean Heller, Nevada
Tim Scott, South Carolina
Bill Cassidy, Louisiana
Ron Wyden, Oregon, Ranking Member
Debbie Stabenow, Michigan
Maria Cantwell, Washington
Bill Nelson, Florida
Bob Menendez, New Jersey
Tom Carper, Delaware
Ben Cardin, Maryland
Sherrod Brown, Ohio
Michael Bennet, Colorado
Bob Casey, Pennsylvania
Mark Warner, Virginia
Claire McCaskill, Missouri
American Advertising Federation
Executive Vice President, Government Affairs