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White House exploring VAT (Washington Post)
From: "Ens, Amanda"
To: "Rich Kahn"
Date: April 4, 2017 at 1:26:22 PM EDT
David Woo just sent this — please let me know if you'd like an update on his Washington/market views More sign that VAT is making its way into the discussion.... As you all know, I have been arguing that VAT make tremendous economic sense A VAT has all the virtues of a BAT without any of its drawbacks The fact that this is being discussed makes me think that we are getting to a more serious stage of the negotiation over tax reform This news is bullish for Trump trades, at least for the medium-term White House explores two new tax ideas — a value-added tax and carbon tax — as leading proposal to raise revenue falters Washington Post April 4 By Damian Paletta and Max Ehrenfreund President Trump's administration is exploring the creation of two controversial new taxes — a value-added tax and a carbon tax — as part of a broad overhaul of the tax code, according to an administration official and one other person briefed on the process.