Ryan Struggles to Sell Tax Reform to His Own Party
February 17, 2017By Taegan Goddard
“Paul Ryan showed up to Senate Republicans’ weekly lunch on Tuesday hoping to salvage a controversial pillar of his tax reform plan that would change how imports and exports are taxed,” Politico reports.
The next day, Sen. Tom Cotton (R-AR) took to the Senate floor to slam Ryan’s so-called “border adjustment tax,” saying “some ideas are so stupid only an intellectual could believe them.”
“The sequence was an ominous sign for a linchpin of Ryan’s tax plan — and perhaps for the prospects of tax reform happening at all. The border adjustment tax would generate more than a trillion dollars over a decade; there’s no obvious way to replace that money, which is needed to help pay for a steep cut in corporate and income taxes.”
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https://politicalwire.com/2017/02/17/ryan-struggles-sell-tax-reform-party/
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