Has anyone advised the Koch Bros that their GOP influence has dwindled due to their lack of inspiration in helping the 2016 GOP candidate thereby opening the door to the Mercer family and their internet based “newsie” sites – PB/TK
Koch-backed group floats alternatives to GOP border tax proposal – BY NAOMI JAGODA – 03/02/17 02:28 PM EST
A free-market group backed by the megadonor Koch brothers released a list of spending and tax changes that could be alternatives to the House Republicans’ border-adjustment proposal.
The list from Americans for Prosperity (AFP) comes as the House proposal faces tough odds of passing the Senate.
The border-adjustment proposal, which would tax imports and exempt exports, is a key part of the House Republicans’ tax-reform plan in part because it would raise more than $1 trillion in revenue. Congressional GOP leaders have said that they do not want tax reform to increase the deficit.
But AFP argued that border adjustability would lead to higher prices for consumers and said that Congress should enact other tax and spending changes instead in order to achieve deficit-neutral tax reform. The group came up with a list of more than $2 trillion in tax increases and spending cuts, based on Congressional Budget Office figures.
“There are trillions of dollars in corporate welfare, wasteful spending, and unnecessary programs that could be eliminated to clear the path to get tax reform done,” said AFP Vice President of External Affairs Chrissy Harbin. “Lawmakers should look at some of those options before asking consumers to chip in $1.2 trillion in the form of higher costs for clothes, gasoline, electronics, and other everyday goods.”
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