Bipartisan Senators Bring Forth the 'No Coffee Tax Act'

"Senators Catherine Cortez Masto (D-Nevada) and Rand Paul (R-Kentucky) this week brought forth the "No Coffee Tax Act," proposing to repeal all Donald Trump-era tariffs on coffee while preventing future administrations from taxing coffee imports. The Senate bill joins a companion measure introduced in the House by Reps. Don Bacon (R-Nebraska) and Ro Khanna (D-California) in September. That legislation remains stalled with no scheduled committee hearings."

"The new No Coffee Tax Act would eliminate tariffs imposed on coffee after President Donald Trump took office in January, returning rates to 0% for all coffee product types, including green coffee. The bill arrives as retail coffee prices have climbed 41% year-over-year, reaching an average of $9.14 per pound at U.S. grocery stores in September, according to Bureau of Labor Statistics data."

"There's a smart way to use tariffs to help support American businesses and workers, but taxing your morning cup of coffee isn't it," Cortez Masto said in an announcement yesterday. "This coffee tax doesn't help American business in any serious way, but it does raise costs at the grocery store for hardworking families across the United States. It's past time to end Trump's coffee tax."

Senators Catherine Cortez Masto and Rand Paul introduced the No Coffee Tax Act to repeal all Trump-era tariffs on coffee and bar future administrations from taxing coffee imports. A companion House measure by Reps. Don Bacon and Ro Khanna remains stalled without scheduled committee hearings. The measure would return all coffee product rates, including green coffee, to 0 percent. Retail coffee prices have risen 41 percent year‑over‑year, averaging $9.14 per pound in September. A 50 percent tariff on Brazilian goods imposed in July is central to the turmoil. Brazil historically supplies about one third of U.S. coffee consumption.

Read at Daily Coffee News by Roast Magazine