Home / Knowledge / News / 160 footwear brands urge Congress to pass Affordable Footwear Act
160 footwear brands urge Congress to pass Affordable Footwear Act
25
Oct '08
Nearly 50 Main Street companies, representing over 160 well-known footwear brands and retailers, asked Congress in a letter this week to pass the Affordable Footwear Act (HR 3934/ S 2372), a common-sense provision designed to make shoes more affordable for hardworking families.

Concerned about the slowing economy and the credit crunch that is sharply curtailing consumer spending, the footwear industry urged Congress to include the Act in a larger economic stimulus package that Congress is expected to consider in a November lame duck session.

The Affordable Footwear Act eliminates the hidden, costly import tariff, also known as the shoe tax, on lower to moderately-priced footwear and all children's shoes. The shoe tax, which is disproportionately higher on children's shoes and low-cost footwear, can add as much as 30 percent or more to the retail price of a pair of shoes.

Established at the start of the Great Depression, the shoe tax was meant to protect domestic manufacturers from cheaper imports. That policy failed, and today 99 percent of all shoes sold in America are imported, yet the shoe tax remains. The Affordable Footwear Act will not eliminate the shoe tax on the few types of shoes still produced in America.

In the letter to Congress, the footwear industry and its retailers said, “The Affordable Footwear Act is the perfect opportunity to provide a real, tangible tax cut that would immediately stimulate the economy and provide a benefit to Main Street Americans.”

Click here to see retailer list of 50 Main Street companies:

American Apparel & Footwear Association


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search