[ditty_news_ticker id=”25027″]“Donald Trump Warns on House Republican Tax Plan,” ran the Wall Street Journal headline Monday morning. The story focused on the then-president-elect’s concerns about “border adjustment,” a clever but controversial idea House Republicans have hit upon for taxing imports and exports. They hope it might serve as an alternative to President-elect Trump’s stated preference for tariffs.
In the story, President Trump was quoted as saying, “Anytime I hear border adjustment, I don’t love it.” For all the controversy the remark caused, I have to say, I was encouraged. I think he may have been right. I’m not sure I love border adjustment either, and I think it’s for many of the same reasons. – READ MORE