In Case You Didn’t Know About Advertising Tax Deduction Reform

In Case You Didn't Know About Advertising Tax Deduction Reform

Rep. Dave Camp’s upcoming tax reform package is proposing a limit to the current advertising tax deduction – translation: the cost of advertising will rise and that’s gonna negatively effect the industry, and thus, as the American Advertising Federation is shouting from the rooftops, the US economy as a whole. The entire ad industry, including the AAF, are currently lobbying the five key law makers (pictured here) backing the reform – not much is happening in either direction because, well, government is slow and this isn’t a top priority for most of the big guys in charge. But it’s still something to keep an eye on. Click through for more.