Much like baseball and pool time, picnics are a hallmark of the summer season.There's nothing quite like grabbing your cooler and favorite blanket and heading to the park for a snack in the shade. But if there's one thing that can ruin a summer picnic, it's an unwelcomed guest.
For millions of Americans and businesses of all sizes who have waited years for meaningful tax legislation, the border adjustable tax (BAT) component of the current House proposal is the unwelcomed guest to the tax reform picnic. It's the ants crawling on the food; the unexpected afternoon thunderstorm; the mosquitos nipping at your ankles.
Under the BAT proposal, the price of goods consumers use every day would go up, and family budgets would go down. That means higher costs for food, plates, blankets, sunglasses - all summer picnic essentials.
That's why we're taking the summer to tell Congress to drop the harmful BAT component of the current tax reform plan. Over the next few weeks, we'll continue sharing more on how the BAT would harm consumers as they celebrate the summer season. Join us by sharing your favorite summer activity that would cost you more under BAT using #DontTaxSummer.
Stay tuned and for more information on RILA's efforts to promote sensible comprehensive tax reform, visit rila.org/BAT.