Border Adjustment Law
On behalf of the City of Long Beach, I write deeply concerned about a Border Adjustment Tax and urge that you oppose this potential burden on imports and trade overall. Such a tax would disincentive imports and skew the market in favor of exporters, which would have a negative effect on the current business and growth of Long Beach’s local seaport.
The Port of Long Beach is one of the world's busiest seaports and the second-busiest port in the United States. It supports over a million jobs nationally, including 30,000 jobs (about one in eight) in Long Beach, and 316,000 jobs in the five-county Southern California region. In addition, the port generates billions of dollars in economic activity in the region each year, with more than $10 billion
The Port of Long Beach is one of the world's busiest seaports and the second-busiest port in the United States. It supports over a million jobs nationally, including 30,000 jobs (about one in eight) in Long Beach, and 316,000 jobs in the five-county Southern California region. In addition, the port generates billions of dollars in economic activity in the region each year, with more than $10 billion