Trump’s Scant Specifics Leave Questions on His Border-Tax Plans
- President gives no details on vision for ‘historic’ overhaul
- He ‘came within striking distance’ of controversial proposal
Trump Says Tax Plan Will Help Companies and Middle Class
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President Donald Trump offered no new details of his plan to overhaul corporate and individual taxes -- renewing questions about whether he supports a controversial proposal to tax U.S. companies’ imports while excluding their exports.
While some investors expected Trump to flesh out his tax vision, he fell back on his familiar complaints that other countries charge “very high tariffs and taxes” and put U.S. products at a disadvantage. He stopped short of endorsing a plan favored by House Speaker Paul Ryan for a "border-adjusted” tax.