Trump’s ‘reciprocal tax’ seen affirming his love of tariffs
Economists and tax experts say the US president appears to be calling for import tariffs
17 April 2017 - 13:28
Americans might want to brace themselves for political arguments about the "reciprocal tax," the "matching tax" or the "mirror tax." But if President Donald Trump has anything to say about it, they won’t be hearing much more about the "border-adjusted tax." Trump made clear last week that he’s not fond of that name — nor the controversy that has sprung up around the BAT, a key feature of House Speaker Paul Ryan’s plan to rewrite the US tax code.
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