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Source: ROLL CALL, 7/27/17
The Trump administration and Republican leaders intend to drop a contentious border adjustment tax from an effort they announced Thursday to send an ambitious tax overhaul bill to President Donald Trump’s desk.The border adjustment tax, or BAT, would have slapped taxes on imports and exempted exports, but the White House and GOP lawmakers have agreed “there are many unknowns associated with it.” For more of this story, click here.
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