TAMACC Opposes 20% Tax Proposal on Mexican Imports

Mexico is Texas' Number One Trading Partner

TAMACC Opposes 20% Tax Proposal on Mexican Imports   Austin, Texas - The Texas Association of Mexican American Chambers of Chambers (TAMACC) strongly opposes President Trump's proposal for a 20% Tax on imports from Mexico to raise money for a border wall. Mexico is Texas' number one trading partner and the third largest trading partner with the United States.  Per the United States Census Bureau, 33% of United States imports from Mexico flow through Texas, and 37% of United States exports to Mexico come from Texas. There is strong and reciprocal trade between the Lone Star State and Mexico. Texas has a trade surplus with Mexico. In 2015, $92 billion worth of goods were exported across the border while importing $84 billion, per the United States Census Bureau. "As Americans, we believe in secure borders, as business owners and entrepreneurs we oppose wasting billions of tax dollars to build a symbolic and ineffective border barrier between two friendly countries," said TAMACC Chairman Sam Guzman. "This proposal would mean a loss of jobs, would be an economic blow to both countries, and would destroy an otherwise important strategic alliance with a friendly neighboring country. This is not good for Americans and Texans." In 2015, U.S. goods and services trade with Mexico was $583.6 billion.  The top goods Texas imports from Mexico are computer and electronic products ($24.4 billion), transportation equipment ($18.2 billion) and oil and gas ($8.8 billion), per 2015 data from the Unites States Department of Commerce. TAMACC is a nonprofit organization founded in 1975 to provide advocacy, technical assistance, and services to the Hispanic business community.  With a base membership of over 15,000, nearly 600,000 Hispanic owned businesses, TAMACC is the premier Hispanic business organization in Texas. #  #  #  STAY CONNECTED:  WEB SITE

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TAMACC Wishes you a very Happy Thanksgiving

Happy Thanksgiving from our Family to Yours!

Thanksgiving is a time to pause from our busy schedules and ponder our many blessings, so many of which we often fail to acknowledge.  Over the past year, TAMACC has been blessed by your participation as members, friends, partners and leaders.  Because of you we have been able to accomplish so much from successful events and programs to effective policy recommendations and positive media exposure.    In this time of gratitude, we would like to thank each of you for your continued contributions and leadership role in advancing the Hispanic business community.  We are thankful for your continued confidence and support in us to carry out the mission of TAMACC and making a difference in our community.    May your Thanksgiving be about sharing and giving thanks while strengthening the ties that bind our family and loved ones together.    Please do not forget to exercise your economic power this week in our community by purchasing goods and services from local businesses.   On behalf of Samuel Guzman, Chairman of the Board, Pauline Anton, Executive Director, the Executive Committee, and Board of Directors, a very happy Thanksgiving from our family to yours. As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. ~ John Fitzgerald Kennedy

Texas Association of Mexican American Chambers of Commerce (TAMACC), Post Office Box 41780, Austin, TX 78704 SafeUnsubscribe™ andrewl9645.energy@blogger.com Forward this email | Update Profile | About our service provider Sent by panton@tamacc.org in collaboration with Try it free today