How Would Energy Prices Adjust to the Border Adjustment Tax?

March 06, 2017

In a recent Saturday Night Live episode, Baldwin-as-Trump is casting about for clever ways to get Mexico to pay for the border wall. But with each attempt, the joke is on him, and Americans are left footing the bill.

The following week, in what could be construed as life-imitates-art, White House Press Secretary Sean Spicer announced a plan to finance the wall: Use the Congressional Republicans’ proposed tax reform “as a means to tax imports from countries that we have a trade deficit from, like Mexico”. Read more