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Cassidy Hopes Carbon Border Adjustment Makes It Into Tax Code Rewrite

Senate Finance Committee member Sen. Bill Cassidy, R-La., looking forward to the opportunity to rewrite tax laws next year as the Trump-era tax cuts expire, recently told a tax reporter at Punchbowl News that he will be pushing a carbon…

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border adjustment tax, what he calls a "foreign pollution fee." He said it would make American production more cost competitive and help "our balance of trade" (see 2311030006).