News

US: Top Republicans behind tax plan say border adjustment tax is dead - CNBC

"Top Republicans driving the GOP tax reform effort have given up on border adjustment," CNBC reported recently.

Republican leaders working on a tax plan released a statement in which they said that while they have debated the pro-growth benefits of border adjustability, they appreciate that there are many unknowns associated with it and have decided to set this policy aside in order to advance tax reform.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.