From: —Richard Kahr iE
Sent: 4/4/2017 5:28:21 PM To: jeffrey E. [jeevacation@gmail.com] Subject: Fwd: White House exploring VAT (Washington Post)
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Richard Kahn
HBRK Associates Inc.
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Subject: White House exploring VAT (Washington Post) Date: April 4, 2017 at 1:26:22 PM EDT
Reply-To: "Ens, Amanda" <a
David Woo just sent this — please let me know if you’d like an update on his Washington/market views
More sign that VAT is making its way into the discussion... As you all know, | have been arguing that VAT make tremendous economic sense A VAT has all the virtues of a BAT without any of its drawbacks
The fact that this is being discussed makes me think that we are getting to a more serious stage of the negotiation over tax reform
This news is bullish for Trump trades, at least for the medium-term
White House explores two new tax ideas — a value-added tax and carbon tax — as leading proposal to raise revenue falters
Washington Post April 4
By Damian Paletta and Max Ehrenfreund President Trump's administration is exploring the creation of two controversial new taxes — a value-added tax anda carbon tax — as part of a broad overhaul of the tax code, according to an administration official and one other person
briefed on the process.
HOUSE_OVERSIGHT_014857