Ryan Insists Tax Overhaul Coming as Koch Group Assails Plan
- House Speaker says current tax code is ‘killing growth’
- Americans For Prosperity will send message: Tax hurts shoppers
Border Adjustment Tax: Who Does It Help and Hurt?
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House Speaker Paul Ryan said he isn’t backing down on overhauling the tax code, as a group funded by Koch Industries Inc. laid out its campaign to derail a centerpiece of Ryan’s tax blueprint -- border-adjusted taxes.
“Do you know why tax reform is going to happen? Because it has to happen,” Ryan said at a press conference Thursday. “America has the worst tax code in the industrialized world -- it is killing economic growth, it is driving companies to become foreign companies.”