NAB praises tax reform passage.

President/CEO Gordon Smith commented, “NAB congratulates Congress on the passage of comprehensive tax reform legislation that aims to further grow the U.S. economy. In particular, local TV and radio stations and our network broadcast partners salute leaders of Congress for recognizing the importance of advertising as the principal driver of commerce by preserving the full and immediate deductibility of advertising expenses. Advertising is an undeniable stimulus for robust growth that has helped America to lead the world in the creation of high-paying jobs.”