Our Director of Government Affairs, George Riddell, reports after his recent trip to Washington DC for the American Advertising Federation's "Advocacy In Action: Advertising Day on the Hill":
"Imagine if every one of your agency’s clients were suddenly forced to pay taxes on all advertising expenses which, for the past 100 years, have been fully deductible under approved US tax policies. Do you think that might affect the decisions those clients make about advertising? Like budgets? Might those decisions affect your agency’s business? Maybe your livelihood? The answers to all these questions are likely to be yes. There is one proposal under consideration in Washington DC that could have devastating effects on the advertising industry and the general US economy as well."
This is serious stuff, people. Read the rest of George's report on our Government Affairs News Blog.