The House recently passed a package of pro-growth policies included in President Donald Trump’s “one big, beautiful bill.” It’s a bold package of tax cuts, pro-family policies, and investments in American prosperity. But one critical piece of this legislation now hangs in the balance: closing the “double duty drawback loophole” for tobacco.
This outrageous provision allows foreign tobacco companies to get an excise tax refund on exports when they never paid the tax on exports in the first place. The loophole is something only foreign tobacco companies receive; American consumers and tobacco companies pay the full tax bill.
It’s a scam, and the taxpayer is footing the bill for foreign cigarette manufacturers. The cost is staggering: $12 billion over 10 years.
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How are we ever going
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