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Auto Dealers Should Get Tax Relief, Senators Tell Yellen

Feb. 7, 2022, 6:53 PM

Sen. Sherrod Brown (D-Ohio) and colleagues urge Treasury Secretary Janet Yellen to provide tax relief to auto dealers experiencing inventory shortages due to supply chain disruptions.

  • “The automotive industry continues to face dramatic and unprecedented inventory shortages due to the pandemic and foreign supply chain disruptions, and it will take many months for affected local businesses, employees, and their customers throughout our states and across the country to recover,” the senators wrote in a letter.

To contact the reporter on this story:
Norah Mulinda in New York at nmulinda@bloomberg.net

To contact the editor responsible for this story:
Kasia Klimasinska ...