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Border adjustment tax now has a Senate problem – Sen. Perdue op-ed

February 10, 2017 - Axios

Paul Ryan’s $1.2 trillion border adjustment tax plan to hike import taxes has a Senate passage problem. Both sides of the fight have gamed it out the same way: They think Ryan and the House Ways and Means chair Kevin Brady can probably squeeze the plan through the House, but the Senate is a different ball game.

Even if Trump loudly supports border adjustability — and that’s a big if — he’ll have a tough time convincing Senators who fear him far less than House members do. And senators from states home to big box retailers have compelling reasons to oppose border adjustability.

Click here to see the full story with breakdown of Senators who oppose BAT

Click here to see Senator Perdue’s letter against BAT to all Senators

Click here to see Senator Perdue’s op-ed against BAT “Washington must trust, not strangle, the free enterprise system”

Disclaimer: The opinions expressed within this article are the views of the writer and do not necessarily reflect the views and opinions of FDRA.