On Tuesday, the House Ways and Means Committee will hold a hearing on tax reform. As important as tax reform is, the Republicans seem to be bound and determined to lose this issue.
The House Republican leadership is obsessed with the idea of a “Border Adjustment Tax” or the BAT as it is known.
The House Ways and Means Committee has been telling conservatives that nations that make up more than 70% of the world have BATs. That is not true. They have Value Added Taxes or VATs.
No sane person wants to imitate nations like Venezuela, the Sudan or Zimbabwe. This is the Hillary/Pelosi plan. They did not win the election, so why are Republicans passing their plan?
What is more mystifying about the Republican leadership’s support of the BAT. It is very doubtful the BAT could even pass the House, but Senators have said the BAT is dead on arrival. Why are Speaker Ryan and Ways and Means Chairman Kevin Brady so determined to pass the BAT?
America desperately needs tax reform. Much of the Trump tax plan could easily pass Congress. But BAT is a deal killer. There is a reason why President Trump did not include it in his tax plan.
Call your Congressman today and tell him or her to oppose the Border Adjustment tax. Call your Congressman and let them know that we need tax reform but we do not need the Border Adjustment tax. Ask your Congressman to pass President Trump’s tax plan without the Border Adjustment Tax.