Economics

Trump Plan Said Unlikely to Back Ryan’s Border-Adjusted Tax

  • President says he’s going to release tax plan Wednesday
  • Key Senate panel said not to have seen final details yet

Trump Says Regulatory Reduction First Step to Tax Reform

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President Donald Trump’s tax plan next week likely won’t include a border-adjusted tax that House Speaker Paul Ryan has proposed, a senior administration official said.

The White House is still debating the idea, according to the official. Trump will release a tax plan for individuals and businesses next week that may not include every component that will go into final legislation, according to a different senior White House official.