Trump to Meet With Cohn on Thursday to Discuss Tax Overhaul, Sources Say
- President will be briefed on GOP plans including border tax
- Cohn will also give Trump overview of Camp’s 2014 tax plan
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President Donald Trump will be briefed Thursday on various ways to implement comprehensive tax code changes, as the White House shifts focus after the failed attempt to replace Obamacare.
Trump will be presented with possible options by a group of administration officials including Gary Cohn, head of the National Economic Council, according to three people familiar with the meeting who asked not to be identified because the details are private. One of the proposals that will be presented is the border-adjusted tax, a centerpiece of the plan favored by House Speaker Paul Ryan. That provision would replace the 35 percent corporate income tax with a 20 percent levy on companies’ domestic sales and imported goods. Exports would be exempted.