WASHINGTON -- In response to today's release of tax reform legislation in the Senate, the following statement can be attributed to NAB President and CEO Gordon Smith:
“NAB applauds the Senate Finance Committee’s introduction of comprehensive tax reform legislation that preserves the full and immediate deductibility of business advertising expenses. Local broadcasters support tax reform that promotes economic growth and job creation, and it is undeniable that advertising is a stimulus for both. NAB looks forward to working with members on both sides of the Capitol towards comprehensive reform that creates a fair and sensible tax code to the benefit of American businesses and families.”
The National Association of Broadcasters is the premier advocacy association for America's broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.