On Thursday the Trump White House sent up a trial balloon, suggesting it could fund its border wall through a tax on goods imported from Mexico. Many congressional Republicans welcomed the idea, which they saw as a policy victory. Trump calls for 20% tax on Mexican imports to pay for border wall Read more“The plan that’s taking shape now,” Spicer said, would use “comprehensive tax reform as a means to tax imports from countries that we have a trade deficit from, like Mexico. Under the plan, the resulting revenue would be used to reduce the corporate tax rate from 35% to 20%. “Spicer just announced that border adjustability – once thought to be a sticking point for coming to agreement on fundamental tax reform – is now a consensus item,” Norquist said.

Source: The Guardian January 27, 2017 00:17 UTC