The Border Adjustment Tax (BAT) is really GREAT!

Economists seem less worried about it for several reasons.  First, other countries we trade with use the same thing against us.  Second, a BAT is not a trade restriction such as a tariff or quota that the World Trade Organization (WTO) can overturn as being in violation of a previous trade agreement.  Third, a BAT is not a trade export subsidy that would lead… Continue reading The Border Adjustment Tax (BAT) is really GREAT!