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Michigan Could Take Hardest Hit From Border-Tax Plan

by Bloomberg | Apr 13, 2017   ()

Michigan was critical to Donald Trump’s presidential win and could be the hardest hit by a proposed 20% tax on U.S. companies’ domestic sales and imports, according to a study released by conservative groups associated with billionaire brothers Charles and David Koch.

The report, which used federal tax, labor and census data, was commissioned by Freedom Partners and Americans for Prosperity. Both have lobbied against the so-called border-adjusted tax, while supporting comprehensive tax reform.

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Source: Industry Week
Source: Industry Week

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