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mishtalk.com / Mike “Mish” Shedlock / January 26, 2017
Trump has said repeatedly that Mexico will pay for the wall. NAFTA discussions with Mexico broke down because of that insistence.
Trump now proposes a 20% Border Tax to Pay for the Wall.
Excuse me for pointing out the obvious president Trump, but that is a tax on US consumers.
White House Press Secretary Sean Spicer said Thursday that Donald Trump planned to pay for a border wall with Mexico by convincing Congress to impose a 20 percent border tax on imports from Mexico.
Speaking in a gaggle on Air Force One, Spicer said the administration’s plan to force Mexico to pay for the wall included “using comprehensive tax reform as a means to tax imports from countries that we have a trade deficit from, like Mexico,” according to a pool report.
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