House Speaker Paul Ryan tiptoed closer to President Donald Trump’s tax agenda Wednesday and said he’s working on changes to his border-adjusted tax plan that’s been a friction point in Republican efforts to rewrite the U.S. tax code.
Ryan said he agrees that immediately imposing the border-adjusted tax in its full form would be “too disruptive,” and it needs to be changed to assuage widespread opposition among retailers and other industries. And he noted that Republican leaders are discussing whether it’s possible to move forward without the controversial proposal.
