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Trump Plan Said Unlikely to Back Ryan’s Border-Adjusted Tax

OMB director suggests the plan may not be revenue-neutral.

By Shannon Pettypiece and Jennifer Jacobs, Bloomberg | Updated on April 24, 2017

President Donald Trump’s tax plan likely won’t include a border-adjusted tax that House Speaker Paul Ryan has proposed, a senior administration official said.

The White House is still debating the idea, according to the official. Trump will release a tax plan for individuals and businesses this week that may not include every component that will go into final legislation, according to a different senior White House official.

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