Now more than ever is the time to be in touch with your Congressional Representatives, with issues that will affect WFI members. Current legislative issues on the table include the Employee Free Choice Act, Food Safety, Credit Card Interchange Fees, as well as continuing the fight to maintain a level playing field for independent grocers through an economic stimulus, fair employee-employer legislation, federal regulation of an enforcement of antitrust laws.
Retailers, wholesalers and state association executives from around the United States will congregate in Washington, DC on June 8th - 10th for the 2009 Washington Public Policy Conference hosted by National Grocery Association (NGA), Food Marketing Institute (FMI) and Food Industry Association Executives (FIAE).
At the heart of this conference is meeting with members of Congress who can most affect the success of our industry's legislative agenda.
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| FEDERAL LEVEL - CALL TO ACTION NOTICES |
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Click here to review a slide presentation “Understanding LIFO” and its potential impact on your business.
April 7, 2009
LIFO Repeal Negatively Impacts Independent Grocers; Repeal Could be Target of Tax Writing Committees in Coming Months
President Obama's budget has called for repeal of LIFO, but budget resolutions passed by the House and Senate don't include a line item calling for LIFO repeal. As the tax writing committees begin to consider reconciliation legislation to implement the budget in the coming months, repeal of the Last In, First Out accounting method may be on the table. WFI, the National Grocers Association (NGA) and our members that use LIFO are strongly opposed to repeal. NGA is a steering committee member of the LIFO Coalition and has been actively working to block repeal of LIFO. N.G.A.'s Government Affairs team has already held and will continue to hold meetings with the staff of key Members of Congress over the coming weeks.
WFI and N.G.A. member companies using the LIFO accounting method are asked to take a moment to contact their Members of Congress and Senators to explain in real terms how repeal of LIFO would affect your company, including your ability to invest in capital projects and grow your business. Become part of the effort to educate Members of Congress, particularly those Members who sit on the House Ways and Means Committee (Congressmen McDermott and Reichert) and the Senate Finance Committee (Senator Cantwell).
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