Today is the day! Our L.E.A.D.ers are headed to Congress to meet with their elected officials regarding the use and value of the promotional products industry. Today’s message is critical for the promotional products industry. Congress has proposed a border adjustment tax would impose a 20-percent tax on all imported goods. This tax is bad for business and bad for consumers. This consumer tax will cost the average family at least $1,700 a year.

 

The impact on our industry could be even greater. Based on our calculations, selling prices on imported products would have to increase by at least 20-percent. Even if some products come back to our shores, prices will be targeted at the new twenty percent level, certainly not where prices are today.