What an Adjusted Border Tax Means for Businesses

The video discusses the border adjustment tax, which imposes a 20% levy on imported goods, potentially raising consumer prices. This tax is controversial, with retailers like JCPenney and Walmart opposing it due to their reliance on imports, while exporters may benefit. The discussion extends to broader tax reform, questioning whether it will focus on corporate or middle-class taxes. Alternative proposals include lowering corporate tax rates and eliminating deductions to maintain deficit neutrality.

What alternative proposals are being considered alongside the border adjustment tax?

What is the significance of ensuring that the tax reform plan is deficit neutral?