[News]

AAF National Legislative Alert Urgent – Advertising Deductibility

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

Republicans

Kevin Brady, Texas’s 8th, Chairman

Sam Johnson, Texas’s 3rd

Devin Nunes, California’s 22nd

Pat Tiberi, Ohio’s 12th

Dave Reichert, Washington’s 8th

Peter Roskam, Illinois’s 6th

Vern Buchanan, Florida’s 16th

Adrian Smith, Nebraska’s 3rd

Lynn Jenkins, Kansas’s 2nd

Erik Paulsen, Minnesota’s 3rd

Kenny Marchant, Texas’s 24th

Diane Black, Tennessee’s 6th

Tom Reed, New York’s 23rd

Mike Kelly, Pennsylvania’s 3rd

Jim Renacci, Ohio’s 16th

Pat Meehan, Pennsylvania’s 7th

Kristi Noem, South Dakota’s at-large

George Holding, North Carolina’s 2nd

Jason T. Smith, Missouri’s 8th

Tom Rice, South Carolina’s 7th

David Schweikert, Arizona’s 6th

Jackie Walorski, Indiana’s 2nd

Carlos Curbelo, Florida’s 26th

Mike Bishop, Michigan’s 8th

Democrats

Richard Neal, Massachusetts’s 1st, Ranking Member

Sander Levin, Michigan’s 9th, Former Chairman

John Lewis, Georgia’s 5th

Lloyd Doggett, Texas’s 35th

Mike Thompson, California’s 5th

John B. Larson, Connecticut’s 1st

Earl Blumenauer, Oregon’s 3rd

Ron Kind, Wisconsin’s 3rd

Bill Pascrell, New Jersey’s 9th

Joseph Crowley, New York’s 14th

Danny K. Davis, Illinois’s 7th

Linda Sánchez, California’s 38th

Brian Higgins, New York’s 26th

Terri Sewell, Alabama’s 7th

Suzan DelBene, Washington’s 1st

Judy Chu, California’s 27th

 

Senate Finance Committee

 

Republicans

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

Democrats

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

Sincerely,

Clark Rector
American Advertising Federation
Executive Vice President, Government Affairs

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