Tax Cut Letter


IBAT
joined a very diverse group of primarily national trade associations in a letter to the
United States Senate, urging a one year extension of all of the expiring tax
cuts, and urging the expedited consideration of comprehensive tax reform early
in the next Congress.

"Uncertainty regarding future tax rates is having a serious effect on
investment, hiring and expansion decisions by the drivers of economic vitality
and job creation - small business entrepreneurs," said Chris Williston,
President and CEO of IBAT.  "The 'fiscal cliff' is a looming
disaster, and over the near term, Congress must seriously deal with both the
revenue and spending sides of our nation's budget.  'Kicking the can down
the road' is not a solution."