The National Retail Federation announced its support of the proposal on comprehensive tax reform released by President Trump.

“What matters most is that we enact pro-growth tax policy for both individuals and businesses,” said Matthew Shay, NRF president and CEO. “This puts money back in the pockets of hard working Americans, helping to grow businesses and industries in the communities where consumers live and work. The devil is in the details, but we are optimistic that when tax reform crosses the finish line it won’t include a border adjustment tax or any other scheme that shifts the financial burden to consumers. Taxing imports would not only raise prices for consumers, it would ultimately cost American jobs and shutter American businesses. We look forward to continued conversations with the administration and Congress to make pro-growth tax reform a reality.”

For more information, visit https://nrf.com.