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NEWS
A Whole Lotta Bags
Push to Repeal Shoe Tax
WE CARRY THE HIPPEST TO THE
SLEEKEST HANDBAGS &
THE NATIONAL Retail Federa- the savings would be passed on
ACCESSORIES OF THE SEASON.
tion is pressing Congress to pass to consumers.
Order your $100.
00
legislation that would eliminate Ranging as high as 67.5 per-
Sample Pack Assortment
tariffs on a wide range of low cost cent, the tariffs were imposed in
(Retail Value $200 )
www
imported shoes. NRF charges that the 1930s to protect U.S. shoemak- Register online to receive updates
the 70 year old “shoe tax” is out- ers against foreign competition, but
on new products & specials.
dated and estimates that its repeal domestic manufacturers today ac-
.awholelottabags.co
would save shoppers about $800 count for less than two percent of
million a year. U.S. shoe sales. The legislation
The bill to eliminate the tariff is would eliminate about $800 mil-
the Affordable Footwear Act, S. 730, lion of the approximate $1.7 billion We also carry
which was introduced March 26 by collected each year, according to
sunglasses,
jewelry and a
Senator John Ensign, R-Nev., with the NRF.
whole lot more!
Senator Maria Cantwell, D-Wash., Tariffs would remain in place for
as the bill’s lead cosponsor. “This high end luxury footwear and for
legislation would fi nally eliminate about 20 categories of footwear still
an outmoded, hidden and regres- made in the U.S. Many of those are 207-319-2111
sive tax that needlessly drives up special purpose shoes where price
sales@awholelottabags.com
m
the cost of the majority of shoes and is seen as a secondary factor.
$100 minimum order
■
other footwear sold in the United
States,” said Tracy Mullin, NRF
president and CEO. “Substantially
lowering their cost would provide
## 1 1 In Kitchenware
much needed relief for American
families struggling through the cur-
Perfect For Any Store!
rent economic crisis.
Lemon,
Onion
“The shoe tax was adopted to
&
protect a domestic industry that for
Tomato
SAVERS
all practical purposes no longer ex-
ists,” Mullin said. “Ironically, the
Cutting Board
tariff rates are highest for the low-
Over 100 different
est cost shoes, meaning that low
Cast Iron Pans
styles of absorbent
Stone Coasters!
income families are paying far more
than they should for one of life’s
basic necessities. It’s time to retire
Depression era trade policy.”
The legislation would elimi-
Burner Covers Always BIG Sales
nate tariffs on about 60 percent of
shoes imported into the U.S., or
nearly 1.5 billion pairs annually.
It would apply to low cost men’s,
Round, Square,
Single or Double
women’s and children’s footwear
www.wholesalecentral.com/shafferwholesale
Call For Catalog
ranging from sneakers to high heels.
With the market for low cost shoes
SHAFFER WHOLESALE
352-621-3712
being highly competitive, most of
Lecanto, FL 34461 Email:
cookit_shaffer@hotmail.com
MENTION WHEN YOU CALL OR EMAIL!
www.covermag.com June 2009 91
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