Members of the new Americans for Affordable Products coalition, formed to oppose a border adjustment tax, contributed $30,000 to the re-election campaign of U.S. Rep. Elise Stefanik, R-Willsboro, according to Federal Election Commission records.

A border adjusted tax is a tax based on where a product is sold rather than where it is produced.

Opponents say it would unfairly increase the cost of imported retail goods and vehicles.

"We oppose any border adjustment tax because it will increase the cost of clothing, food, medicine, gas and other essential items that Americans rely on," Americans for Affordable Products said in a mission statement. "We support comprehensive tax reform and encourage Congress to implement policies that help businesses of all sizes, ensures the protection and creation of jobs, and promotes prosperity for all Americans.

Supporters of the concept view it as an element of comprehensive tax reform that would be balanced with other tax policy changes.

More than 100 retailers and trade organizations are members of the coalition.

Members that contributed to Stefanik in 2015-'16 campaign cycle are as follows:

  • National Apparel and Footwear Association -- $2,000
  • Autocare Association -- $1,000
  • Best Buy -- $500
  • Consumer Technology Association -- $5,000
  • Food Marketing Association -- $2,000
  • Retail Industry Leaders Association -- $1,000
  • Rite Aid -- $4,000
  • Target -- $3,000
  • Wal-Mart -- $7,000
  • National Retail Federation -- $4,500

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Follow staff writer Maury Thompson at All Politics is Local blog, at PS_Politics on Twitter and at Maury Thompson Post-Star on Facebook.


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