Sign the petition below to stop Congress’ Border Adjustment Tax
Affordable living and having a little extra to save each month are essential for helping young Americans get ahead in life. But, creating a whole new tax that will make daily living more expensive undermines all that. Unfortunately, that’s exactly what Congress is proposing.
Some members of Congress want consumers to shoulder over a trillion dollars in new taxes. It’s called a Border Adjustment Tax, but it’s really a massive tax on many everyday items we buy: think food, clothing, gas, and more. Millennials are the driving force behind the consumer spending market, so higher prices will disproportionately impact young shoppers the most.
This burdensome tax could also disproportionately affect millennial jobs. Retail and manufacturing are two of the top employers for millennials, and those industries would be severely impacted by a massive new tax on imports.
I demand that our representatives vote against a Border Adjustment Tax. This new consumer tax places unfair burdens on young Americans. The BAT consumer tax has no place in comprehensive tax reform.