Border Adjustment Tax: Trump’s MAGA Ace

Trump reversed himself recently on border taxes stating "we're the only nation– we are among the ver couple of countries, perhaps the only country– that has no border tax." And White Home Chief Strategist, Stephen Bannon, has indicated that he agrees with Paul Ryan's proposed BAT– Border Modification Tax. The proposal would decrease corporate taxes from 35% to 20% for domestic products, however for items made in America and exported, the tax would be up to 0%– NO. You 'd believe that would be applauded, but it is highly opposed by the multinational corporations, like WalMart, who have made billions by exploiting a tax code that disadvantages American employees & companies with a 35% tax that follows U.S.A products into foreign markets while foreign products concern USA markets without any internal taxes.

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