Don’t Ruin A Chance for Tax Reform with “Border Adjustments”

As part of an otherwise very good tax reform plan, House Republicans have proposed to modify the corporate income tax so that it becomes a “destination-based cash-flow tax.” For those not familiar with wonky inside-the-beltway tax terminology, there are three main things to understand about this proposal. First, the tax rate on business would drop … Continue reading Don’t Ruin A Chance for Tax Reform with “Border Adjustments”