Affordable Footwear Act gains more support
Uniting people from across the political spectrum the Affordable Footwear Act, which is aiming to eliminate import tariffs on all lower- to moderately-priced footwear into the USA, is gaining more and more support.
The Progressive Policy Institute (PPI) and The Heritage Foundation held a panel discussion during which both organisations presented a joint policy paper highlighting the benefits that the act would result in for American consumers.
Daniella Markheim from The Heritage Foundation discussed the legislation’s potential as an economic stimulus, as it saves consumers money, while Ed Gresser from PPI went on to talk about the cost of the shoe tax for an average family, approximately $80 per year, adding that this was a significant amount for those with lower incomes.
Moderated by Ezra Finkin, legislative director of Consumers for World Trade, the event also included introductory remarks by Affordable Footwear Act primary co-sponsors US Representatives Kevin Brady and Nancy Boyda.
“This gathering of liberals and conservatives, like our list of co-sponsors, demonstrates the relevance of the bi-partisan Affordable Footwear Act,” said Kevin Burke, president and CEO of the American Apparel & Footwear Association (AAFA). “The stock market’s volatile week is an urgent reminder that congress needs to do more to help the American people. One small way is to stomp out the shoe tax.”