New Import Taxes Proposed

Money raised will go towards improving port infrastructure

Washington state's two senators, Patty Murray and Maria Cantwell, plan to introduce a bill this month when Congress reconvienes to overhaul how the country collects and spends money to improve seaport freight infrastructure. 

The two contend that the current Harbor Maintenance Trust Fund neither collects enough revenue to fund needed projects, nor spends enough of the money it collects. The new Maritime Goods Movement User Fee would be collected at all U.S. points of entry any time freight is imported, which will hopefully end the practice of shippers using Canadian or Mexican ports to unload, and then bring the goods in by land to avoid paying the current taxes on imports. To read more, click HERE.