Page 9 - Border Adjustment News Today

In the process of getting tax reform. i know the house has a plan with full border adjustment. and the white house is looking at those plans and those as well. omb is involved, ive seen a couple of proposals, im not at liberty what we think is plan a, plan b, plan c at this time, but i had four meetings on tax reform in addition to obamacare, and its a busy week. suffice so taye, the administration is not waiting on any of these things, were working on these items every single day and hope to ha...

You have -- whats the other one? border adjustment tax that i think its hard to explain but i understand theyre coming to a compromise. all of that stuff cannot fit into six weeks and they are trying to fit a lot. if he doesnt say anything tonight, i dont know what that means but if he does, we are off to the races and it will be the number-one story story in the morning. >> bob: mar-a-lago, his people people. >> to me, he has such trouble with the immigration issue going back to the ban. of cou...

The immigration ban tomorrow but he says the time is right. he believes congress is primed for it but its going to take compromise on both sides. basically saying hes proposing a deal where both sides have to give up a little bit in order to come together on this. theres also going to be a big push for infrastructure tonight. the president, during the campaign, proposed a $1 trillion fund, hasnt proposed how its going to pay for it. he expects to get standing ovations from the democrats, he said...

Welcome back. im in for stephanie ruhle. time for the morning primer. everything you need to know to start the day. rex tillerson meets with mexico os president. the goal is to ease tensions and discuss border security. vice president mike pence made an unscheduled visit to the st. louis area jewish cemetery that was vandalized over the weekend. pence spoke to community members saying there is no place in america for hatred or acts of prejudice. earlier on cnbc, steve mnuchin says he wants to se...

Debate right now. the club for growth, a conservative anti-tax group is testing ads on the tax writing ways and means committee. they are attacking her saying dont support this border adjustment tax which is central to the house plan because it raises a boat load of money but then allows you to cut taxes on other people. >> the president said yesterday the tax plan is essentially done. but we have to do health care first. so youre going to repeal and replace health care and pass this major tax l...

Working on. and the difficulty is two- fold. one is the schedule that i just mentioned. the obamacare and perceived as imperative to do that first has gotten in the way and that will slow things down a bit. and secondly opposition in the senate. cornerstone of the ryan tax plan is border adjustment tax and imports that come in to the country and not tax exports and encourage domestic production and cut corporate tax credits. senate republicans and the business community dont like it. that is not...

If theyre already rich, they dont need more money. >> we got the 20 trillion in debt with high taxes, its about time-- we got 20 trillion in debt with higher taxes and ridiculous regulations. its about time we change the trajectory at this point in time and put it back in our hands. here is what i agree-- i wish it to be done, but cant. >> here is where youve got to agree with ben. we cant do everything he wants. yes, i hate to say it, a bunch of bond traders do control the economy. if bond yiel...

Maria: welcome back, now tax reform house republicans could have second thoughts about their plan to slap a so-called border adjustment tax on imports from mexico. many g.o.p. lawmakers initially backed idea as a way for mexico to support a wall built along the border. it was the part of a plan to overall the tax code. it now faces push back by some american industries, saying it will force them to raise taxes. good to see you, sir. thank you for joining us. >> thank you. maria: what has changed...

Jobs back, whats going to happen? >> i think theyre heading for major headwinds on this tax reform package. while theres appeal for a lot of what he wants to do, i do think you could bring a lot of companies back to the u.s., i think this border adjustment tax which will do a lot of that will also increase consumer goods. if you live in arkansas and you work for walmart, your life is going to change because walmart is going to take a hoit when consumer goods go up from this border tax. it remain...

Apple and google are just some of the tech companies drafting a joint letter opposing president trumps travel ban. cnn business correspondent christine romans is here. >> talking google, apple, uber, microsoft, facebook. no official comment from those companies yet. here is what they want. theres the practical argument. these are global companies with thousands of workers who have visas. they need to be able to travel with predictability. theres a moral argument. these companies want clarity on ...