16 Feb Tom Cotton Launches Broadside Against House GOP Import Tax
Tom Cotton revealed himself Wednesday as an obstacle in the Senate to the House Republican plan to border-adjust corporate taxes.
The Arkansas Republican took to the Senate floor Wednesday afternoon to express “grave concerns” about the idea, portraying it as a tax increase on consumers at Walmart, the massive retailer headquartered in his home state that has opposed the proposal.
However, Cotton also said, in text prepared for his speech, that he would withhold judgment until he saw a bill. Nevertheless, his criticism means that at least two Republicans in the upper chamber oppose the border adjustment, along with several others who have expressed skepticism. Sen. David Perdue of Georgia has tried to rally colleagues against it.