December 18, 2009 :: Posted by - admin :: Category -
News
Back in November of 2008 we first brought you the story Lower Shoe Prices for Who? We have been following this headline for over a year and are once again bringing you an update.
On December 16th, two members of the House of Representatives, Representatives Joseph Crowley (D-NY), and Kevin Brady (R-TX) reintroduced the Affordable Footwear Act (H.R. 4316). as a last minute push before Congress adjourns for the holidays.
According to the AAFA, the American Apparel and Footwear Association, “99 percent of all footwear sold in the United States is being imported with a whopping 80 percent being imported from China. The Affordable Footwear Act seeks to end the shoe tax, to ultimately lower the price of shoes.”
The shoe tax was originally introduced during the Great Depression in 1930. This tax had the original intentions to keep U.S. factories open while maintaining employment for Americans during these hard times. It did this by levying and import tax on items such as footwear and agricultural products.
Today the US economy is in trouble. The government is deeper in debt than it has ever been, with most of our debt being bought up by China. A lot of automotive manufacturers have moved their facilities to cheaper regions of the world. Our textile plants and steel mills have long been shut down and abandoned. The U.S. has become a consumer, and one of the largest consumers in the world.
Don’t we need to bring manufacturing and business back to the U.S.?? With the unemployment rate as high as 13% in some areas of the country, why don’t we try and rely less on China and worry about making more products here in the U.S.? By lowering or eliminating the duties we are promoting the economy of overseas industries and giving them right of passage, while also taking money away from our government and slamming the door in the faces of the few manufactures that still produce shoes here in the USA. It is impossible for domestic industries to survive unprotected trade with inferior nations that have lower wages and relaxed EPA and government standards without compromising themselves or their product. As of right now, the average tax payer in America owes the U.S. government right around 10 to 15 thousand dollars. Don’t take us wrong please. Nobody enjoys paying taxes and we agree that the middle and lower classes bear much of the burden that taxes impose. We just find it hard to swallow that the importers that would benefit on the decrease or elimination of the tax, are going to pass these savings along to the retailers that purchase from them. With fuel costs back on the rise, this could be one of the largest excuses heard of why the prices do not drop. Between the costs of the fuel to have them brought overseas from China and the fuel costs to transport the merchandise across the United States, it would be surprising if retailers see any savings. If we do see any savings, we will pass it along to our customers.