Border adjustment tax!!!
Posted by: Pismire_Is_A_Dunce
Date: February 15, 2017 03:13PM
Tax reform, when the Republicans talk tax reform, they generally mean the 1% and corporations pay less, and most of the rest of us pay more.
This border adjustment tax is a bad idea. US CONsumers will pay the price.
A CONsumption tax is also a bad idea. People who spend most of their income to live, pay tax on 100% of their income/spending.
Then there is the debt side of the tax cut issue. Do budget deficits rise? Or perhaps the Republicans want to pay for the tax cuts with SS and Medicare cuts?