WASHINGTON, DC -- In response to passage of comprehensive tax reform legislation by the Senate, the following statement can be attributed to NAB President and CEO Gordon Smith:
“NAB commends the Senate on passage of comprehensive legislation to modernize the U.S. tax code. Importantly, this bill preserves the full and immediate deductibility of business advertising, which serves as a key driver of economic activity and job creation. NAB will continue working with Members of Congress towards final passage of comprehensive tax reform legislation that aims to stimulate the economy and create high-paying jobs.”
About NAB
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.
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