Retail CEOs Take Contentious Border-Tax Fight to White House
- Best Buy, Target and Walgreens CEOs slated to meet with Trump
- Proposed border-adjustment tax has divided corporate America
The Winners and Losers of a Border-Adjustment Tax
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Since Donald Trump was elected in November, retailers and their lobbyists have been plotting how to fight a Republican-backed tax reform plan. Now they’ll get to make the argument directly to the president.
Eight industry executives are scheduled to meet with Trump on Wednesday morning to discuss the tax proposal, a controversial measure that has divided corporate America. The group, which is said to include leaders from Best Buy Co., Gap Inc. and Target Corp., will focus on the tax’s potential impact on consumer prices.