"Not a Trump proposal.
Trial balloon, not a way to pay for wall."
He said it, and he said that was one way they would pay for the wall.
From Business Insider:
"Sean Spicer, the White House press secretary for President Donald Trump, told reporters on Thursday that the administration is pushing for a 20% border tax on Mexican imports.
"When you look at the plan that's taking shape now, using comprehensive tax reform as a means to tax imports from countries that we have a trade deficit from, like Mexico," Spicer said, according to a White House pool report.
Spicer said the border tax would be part of a broader tax reform package and would help pay for the proposed wall along the US-Mexico border, according to the report.
"It clearly provides the funding and does so in a way that the American taxpayer is wholly respected," Spicer said."
That last line shows his lack of understanding of basic economics - in the end, the only one being hurt by import taxes is the American consumer. The government keeps the tax money, and the consumer pays more for the product. |
