National Retail Federation (NRF) President and CEO Matthew Shay recently appeared in an interview on Fox Business Network’s "Varney and Co." During the interview, he said that retailers would work “tirelessly” to achieve tax reform that lowers rates without shifting the burden to consumers.
“[Retailers] will be just as vocal in support of a plan that doesn't contain the border adjustment tax as we have been vocal about one that does,” said Shay. “We are big champions for reform. We pay the highest rate of any industry in the country, we want to get this done and we will be out there tirelessly working to get tax reform across the finish line.”