Chairman of Senate Finance Committee States that Trump Administration is Against Border Adjustment Tax

The Chairman of the Senate Finance Committee, Orrin Hatch, believes after meeting with Trump administration officials, that the Trump administration is against the House Republican’s proposed border adjustment tax. Treasury Secretary Steven Mnuchin met with Republican Senate Finance Committee on May 9 to discuss tax reform. Senator Hatch also believes that the border adjustment tax will be “tough to pass” and unlikely to even move out of the Senate Finance Committee.

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