Wednesday, May 24, 2017

GOP divisions grow over proposal for a border adjustment tax

Image result for import taxA House Republican push for a new tax on imports is dangling by a thread after Treasury Secretary Steven Mnuchin sharply criticized it both publicly and privately on Tuesday.

At a conference, Mnuchin said the so-called border adjustment tax “doesn’t create a level playing field” and “has the potential to pass on significant costs to the consumer.”. . . more

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