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Border tax

News

Trump Administration Sides With Freedom Caucus To Oppose Paul Ryan’s Border Tax

Although the Trump administration and the House Freedom Caucus have been at odds this year, both factions are coming together against a new border tax. Treasury secretary Steven Mnuchin met with the Freedom Caucus on Tuesday to give words of encouragement to the hardline conservative legislators. Mnunchin allegedly told members of the Freedom Caucus that the Trump administration is unwavering in its opposition to a border adjustment tax, according to sources obtained for an Axios report. The border adjustment tax is currently being floated by House Speaker Paul Ryan (R-WI). On this issue, President Trump is apparently behind the Freedom… Keep Reading

Economics/Politics

President Meets With CEOs. Here’s The Problem…

“They’re going to have to pay a border tax — a substantial border tax,” President Trump pledged Monday morning during a White House meeting with twelve CEOs including the heads of Dow Chemical, Proctor and Gamble, and Ford. He went on to thinly veil threats against the businessmen, saying, “All you have to do is stay. Don’t leave. Don’t fire your people in the United States.” The President also discussed a 75% regulation cut and tax cuts for both the middle class and for corporations and a ‘big border tax.’ This is troubling for several salient reasons. Primarily, the public… Keep Reading

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