atans1

How Trump can have and eat his cake, without global tariff wars?

In Uncategorized on 13/12/2016 at 2:46 pm

A central idea is that goods would be taxed based on where they were consumed rather than where they were produced, meaning that imports would be taxed by Washington while exports would not. Tax experts call this a destination-based consumption tax.

From NYT Dealbook:

Shipping containers and cranes in the Port of Jakarta, Indonesia. A destination-based consumption tax means that that imports would be taxed by Washington while exports would not.

New Approach to Corporate Tax Law Has House G.O.P. Support

A business tax overhaul championed by a Berkeley professor could advance President-elect Donald J. Trump’s job-creation agenda without tariffs or presidential deal-making.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: