On February 8, The American Council for Capital Formation Center for Policy Research hosted a forum on “Understanding the Potential Impacts of Border Tax Adjustments” to explore the theoretical aspects and potential economic impact of a increased taxes on imports, as well as a look at how the potential real world implications could work for different industries. Washington business leaders from both sides of the issue joined congressional staff members for the panel which included an engaging discussion on the proposed Republican BTA plan, exchange rate adjustment issues, which industries would be most impacted, how multinational corporations using different currencies will cope and any potential WTO issues.
Greg Ip, chief economics commentator for The Wall Street Journal, moderated the panel of distinguished experts that included Alan Viard, American Enterprise Institute, ACCF Scholar Gary Hufbauer, Peterson Institute for International Economics and Michael Graetz, Columbia University.
Presentations by Panelists:
“The Economics of Border Adjustments” by Alan Viard, American Enterprise Institute “The Known Unknowns of the Business Tax Reforms in the House Republican Blueprint” by Michael Graetz, Columbia University “Border Tax Adjustments: Assessing Risks and Rewards” by Gary Hufbauer, PIIE
