Today, Retail Industry Leaders Association (RILA) Executive Vice President of Government Affairs Jennifer Safavian applauded the Senate Finance Committee's passage of the "Tax Cuts and Jobs Act" following the House vote to move legislation forward:
"Retailers are grateful for the Senate Finance Committee's leadership in moving tax reform towards the finish line. With reform that lowers rates, retailers can focus on investing in their businesses, stimulating growth, creating jobs, and offering American consumers innovative customer experiences. With the holiday shopping season in full swing, we urge the Senate to quickly pass reform that works for retail and American families."
RILA is the trade association of the worlds largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.