Taxes & Tariffs
Taxes
Taxes are the main mechanism governments use to raise revenue in order to fund government revenue or change people’s behavior (for example, the amount they spend on goods or the among they work).
Income taxes, property taxes, inventory taxes, and sales taxes on services are just to name a few of the taxes paid by ISSA members. Cleaning services are often not exempted from these taxes, and labor inefficiencies result upon their implementation as workers choose between trade-offs of working more to earn the same amount of income and working less to avoid it.
Not surprisingly, taxes are a hotly debated topic and policymakers spend a lot of time trying to figure out what amount of taxation is optimal, or whether taxation should occur at all. ISSA will continue to closely monitor and engage on tax proposals and tax reforms that may impact the cleaning industry.
Additional Resources
- Healthy & Safe Workplace Tax Credit
- ISSA Signs Letter Supporting Main Street Certainty Act of 2019
- IRS Issues New Guidance on Tax Withholding
Tariffs
A tariff is a tax on imported goods. Whether the goods are finished, intermediate, or inputs into the production process, our member companies experience firsthand the negative impact tariffs have on businesses throughout the industry.
Over time, tariffs’ affects will trickle into the entire industry supply chain. In turn, increased costs will occur for commercial and institutional customers such as hospitals, nursing homes, K-12 schools, and food-processing establishments—compromising their ability of many facilities to maintain safe and sanitary conditions. Tariffs also create significant uncertainty for American employees.
Lately, the U.S. has been using tariffs in attempt to change other countries’ behavior. As a member of the Americans for Free Trade coalition, ISSA opposes tariffs and supports comprehensive trade agreements that reduce the impediments for the industry to freely trade with companies in other countries.
Additional Resources
- ISSA Celebrates USMCA Signing
- ISSA Praises U.S. Senate for Passing USMCA
- ISSA Praises US House of Representatives for Passing USMCA
- ISSA Issues Action Alert on Tariffs
- ISSA Speaks Out Against Proposed Tariffs
- ISSA Responds to Tariff Increases
- Timeline of the U.S.-China Trade War
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