Can you BELIEVE WHAT THE SNAKE wants to take care of BIG BUSINESS (Exporters) and forget SMALL BUSINESS AND THE MIDDLE CLASS (Importers). Look how they are treated in this plan. This is the IDEA OF THE SNAKE. The SENATE states it is a losing cause and will not vote for it. Tweet the PRESIDENT @POTUS @real DONALD TRUMP and your US REPRESENTATIVE AND SENATORS that you oppose this TAX.Also use emails and telephone. Let them know every other day. SHARE
“Under that plan, revenues from exports would be excluded when determining profits for tax purposes, while the cost of imports would not be deductible as a business expense. That’s the equivalent of heavily subsidizing exports and imposing the new 20% corporate tax on imports. By assuming that the plan would not change international capital transactions, and therefore trade balances, the House assumes it would ultimately push up the value of the dollar by 25%.”
Most small business import the majority of their items that they sell.