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FMI Applauds Movement to Create a Simpler, Fairer Tax Code

Dec 2, 2017, 08:32 AM by Heather Garlich
FMI Chief Public Policy Officer, Jennifer Hatcher, offered the following statement on the Senate’s passage of the Tax Cuts and Jobs Act: "FMI is very pleased with the additional improvements in the Senate Tax Cuts and Jobs Act. A fairer, simpler tax code not only benefits grocers and their employees, but also their customers, and we are excited with the progress that has been made."

ARLINGTON, VA - On behalf of the Food Marketing Institute’s (FMI) 1,000 member companies, FMI Chief Public Policy Officer, Jennifer Hatcher, offered the following statement on the Senate’s passage of the Tax Cuts and Jobs Act. Hatcher said:

“FMI is very pleased with the additional improvements in the Senate Tax Cuts and Jobs Act. A fairer, simpler tax code not only benefits grocers and their employees, but also their customers, and we are excited with the progress that has been made. Raising the pass-through deduction to 23 percent and providing for a $10,000 deduction for property taxes – along with the new corporate rate of 20 percent and doubling the standard deduction – will help our member companies and our customers. FMI will continue to work with House and Senate leadership to make sure the legislation that crosses the finish line offers real relief to jumpstart economic growth.”

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Questions?
For questions or more information, please contact FMI’s Senior Director of Sustainability, Tax & Trade Andy Harig.

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The FMI Government Relations Committee reviews, formulates and recommends to the Public Affairs Committee the programs and positions necessary to represent the interests of grocery retailers and wholesalers before the federal and state governments. The Committee recommends priorities and directions for the maximum utilization of FMI's resources and assists in influencing and implementing government relations programs at the national and state levels.

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