Arlington, VA- The American Consumer Institute (ACI) joined a coalition letter commending pro-growth tax and deregulation policies, which have spurred economic growth. We urge Congress to build upon success by implementing reforms that strengthen the economy by reducing burdens on businesses and workers. Consumers will benefits from a stable long-term tax policy and the removal of excessive regulations to promote investment, job creation, and wage growth.
However, there is the risk that broad tariffs would undo some of these benefits by acting as a hidden tax, raising costs and harming competitiveness. A better approach would be targeted and focused on continuing tax relief, regulatory reform, and energy expansion to sustain economic momentum.
Read the full letter below.