Target, Best Buy see nice return on border adjustment lobbying effort

WASHINGTON – In the first six months of 2017, Best Buy spent $1.71 million lobbying, twice as much as it spent the entire year in 2016. Target Corp. spent $1.48 million lobbying from January through June 2017, only slightly less than it spent all of last year.

The numbers, drawn from government records, show the Minnesota companies’ determination to kill a border adjustment tax on imports that House Republicans made a centerpiece of their Better Way tax reform plan.

http://www.startribune.com/target-best-buy-see-nice-return-on-border-adjustment-lobbying-effort/438910223/