Automotive Industry Leaders Opposed to Border Adjustment Tax

Representatives in the automotive industry met with Gary Cohn, the White House National Economic Council Director, yesterday to discuss the House Republicans’ proposed border adjustment tax. President of the American International Automobile Dealers Association, Cody Lusk, expressed the industry’s dissatisfaction with the plan, which they believed would drive up the cost of every vehicle by a substantial amount. Likewise, the CEO of the Association of Global Automakers stated that it was “imperative” that the BAT not be part of any tax reform initiative.


Read more here: Auto industry leaders raise concerns about border tax in White House meeting

Back to top