Time to Talk Tax & Trade
The U.S. trade deficit is far too large and the time has come for Congress to enact common sense initiatives that are going to boost American exports and level the playing field for domestic employers.
Congress must commit to strengthening our domestic trade remedy laws to ensure that our trading partners fully abide by the rules-based global trading system. We must implement a tax structure that includes border adjustability and promotes savings and investment. If Washington moves to embrace these changes now, we will improve the trade playing field for our commerce, end the artificial advantages we’ve dealt our competitors, and finally reverse the trend of our trade deficit.
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