With Congress gearing up for a once-in-a-generation tax reform debate, the American Equipment Distributors Association (AED) has launched a new project to gather data from equipment distributors to guide and support the association’s tax-related lobbying.

The survey project, which examines the impact of both existing tax laws and proposed changes to the code, includes questions on a variety of topics including cost recovery, LIFO, like-kind exchange, the estate tax, the new 3.8% passive income tax, the business interest deduction and more. The survey data will help AED confirm that its tax reform agenda is aligned with member needs and will provide critical insight to help the association’s lobbyists make our industry’s case on Capitol Hill.

“One certainty is that if tax reform happens, there will be winners and losers,” 2016 AED chairman Whit Perryman (Vermeer Texas-Louisiana) said. “AED is working to ensure that the equipment industry comes out ahead and that any changes to the tax code improve the climate for capital investment and family businesses. The survey data our members give us will be crucial to those efforts and I encourage all dealers to participate in this important project.”