Ryan Bucks White House, Setting Up Clash On Taxes

Paul Ryan and the White House are barreling toward a tax reform show-down — a faceoff that’s becoming all but inevitable as the speaker continues selling a tax plan rejected by Trump officials.At issue is a controversial pillar of the House GOP tax plan that effectively hikes taxes on imports.Top administration officials from Treasury Secretary Steven Mnuchin to chief economic adviser Gary Cohn have warned the speaker that they’re not exactly fans of the so-called border adjustment tax — hoping Ryan would take a hint and change direction.But the Wisconsin Republican is refusing to back off, arguing in recent days that it’s “the smart way to go.” And over the weekend, his key ally on the matter, Ways and Means Chairman Kevin Brady (R-Texas), began circulating talking points encouraging panel members to sell the scheme.The document, obtained by POLITICO, tries to tap into populist sentiments that carried Donald Trump to the White House, arguing that the provision would end a “Made in America tax” that hurts U.S.

Topics:  paul ryan   house gop   treasury secretary steven mnuchin   gary cohn   wisconsin republican   means chairman kevin brady r-texas    donald trump    u.s    obamacare   senate republicans   house republicans   group   america tax     helps american    our    u.s     under   street monday   brad anderson   ceo   best buy    the bat    u.s    walmart   target   i ll   boehner    i   josh dawsey   ryan    ryan   white house   house    i   mnuchin    and   ways   means   brady   means chairman   politico   trump    made   america   u.s    house   republicans   bat    made   america    american    the   ryan s   taxes   reform   proposal   border   adjustment   speaker   current   members   work   products   code   week   workers   change   argue   sources   consumers   worth   told   concerns   form   tuesday   smart   plan   conference   document   overseas   jobs   open   push   story   job   
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