About a month ago, prior to President Trump’s inauguration, I wrote an article on Border Adjustments and Tax Reforms. My objective was to provide a condensed view of the details, without stating my opinion, if reforms would actually get ratified.
Put simply, Paul Ryan’s and President-elect Trump’s “border tax adjustment” proposal would tax imports into the United States at the corporate income tax rate, while exempting income earned from exports from any taxation. The reform would closely mirror tax border adju...
