It has been a busy year for Congress and the next year promises to be even more critical -- for legislators and businesses -- as the 2012 elections approach. In this high-stakes environment, Jewelers of America is tracking issues that could impact jewelry businesses while advocating on behalf of jewelry industry interests.
Our legislative counsel, Haake & Associates, offers the following insights:
Recent, hard-fought legislative victories -- like the repeal of the IRS 1099 regulation, the introduction of the Main Street Fairness Act in Congress and the continued protection of the last in, first out (LIFO) accounting method -- are temporary gains.
Continue reading "The Haake Report: Review of Q4 2011 Legislative Outlook" »
With the most recent election cycle completed, Jewelers of America’s Legislative Counsel, Timothy Haake, says that the influence of jewelers has grown significantly on Capitol Hill.
Haake, the founder and principal of Haake & Associates, says that JAPAC, the Jewelers of America Political Action Committee, made its biggest and most successful contributions to political campaigns during the recent midterm elections. JAPAC contributed to the campaigns of 28 candidates looking to be elected or retain their seats in tight or "toss-up" races. Of these, 22 candidates went on to win on November 2.
Continue reading "The Haake Report: JAPAC Has a Say in D.C." »
