Border Adjustment 20% Corporate Income Tax

[william the wie]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

 

[OnePercenter]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

Imports can continue to be laundered.

 

[yiostheoy]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

You sound totally confused.

 

[yiostheoy]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

Imports can continue to be laundered.

Regulations on the common carriers will be required same as Europe has now for customs and excise.

 

[anotherlife]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

Imports can continue to be laundered.

Regulations on the common carriers will be required same as Europe has now for customs and excise.

No, because then you won't even be able to buy a pair of pants abroad unless you wear it or in your bag when you go home.

 

[OnePercenter]

Foreign inputs cannot be deducted, Foreign revenues are not subject to any federal income tax. Domestic revenues are fully taxable minus domestic inputs.

Put another way exporting companies and importing companies will merge more frequently if this bill is passed.

Imports can continue to be laundered.

Regulations on the common carriers will be required same as Europe has now for customs and excise.

Nothing to do with what I wrote.

 

[william the wie]

I'm not confused but I do classify this as massive overkill ranking right up there with using a 16" round to kill a gnat