Implementing the Border Adjustment Tax: Winners & Losers

Volume 4 No 3    |    Read Article

By Philip R. Hirschfeld and Kenneth Lobo

The border adjustment tax will harm certain companies and aid others. To be expected, exporters like the proposal and importers hate it. Philip R. Hirschfeld and Kenneth Lobo look at the industries that will be winners and those that will be losers if the border adjustment tax is adopted. Strangely, each side argues that employment will be increased if its position is adopted, an example of how voodoo economics support a politicized tax proposal.    See more →