The business of Congress is serious- and, certainly, the talk of tariffs and taxes are of the utmost importance, but I have to admit the e-mail alert I got today announcing Congresswoman Nancy Boyda's support of Affordable Footwear Act of 2007 (H.R. 3934) made me chuckle.
The release, from the American Apparel & Footwear Association, thanks Congresswoman Boyda and two of her colleagues, Joseph Crowley (D-NY) and Kevin Brady (R-TX), for introducing legislation to "eliminates the import tariffs, collectively known as the shoe tax, on all lower- to moderately-priced footwear as well as all children’s shoes, or about 60 percent of all shoes sold in the United States."
The "shoe tax" was originally applied to protect domestic shoemakers, but, according to the AAFA, now 99% of all footwear sold in the United States is imported.
"The regressive shoe tax on footwear imports is highest – as much as 67 percent – on the least expensive shoes. The cost is necessarily passed on to consumers at the cash register as a hidden, regressive shoe tax that can be nearly 40 percent of the price of a pair of shoes. That extra 40 percent can add up quickly for a family."
Commonsense tax relief for low income Americans tied with the elimination of a useless tax- good job, Nancy!