House Oversight — Estate records
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From: Richard Kahn_______________________________ Sent: 4/4/2017 5:28:21 PM To: jeffrey E. [jeeyacation@gmail.com] Subject: Fwd: White House exploring VAT (Washington Post) Attachments: image002jpg01D2AD4706F2BBAO.jpg; image001jpg01D2AD460BC6CE60.jpg Importance: High Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell Begin forwarded message: From: "Ens, Amanda" < Subject: White House exploring VAT (Washington Post) Date: April 4, 2017 at 1:26:22 PM EDT To: "Rich Kahn"<> Reply-To: "Ens, Amanda" <IMM> 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, I 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 and a 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 The value-added tax, which is popular in many other countries, would serve as a kind of national sales tax, one that consumers would pay when they make purchases and that businesses would pay for supplies, services and raw materials. A carbon tax would target the emissions of carbon dioxide and other greenhouses gases in the burning of gasoline, coal and other fossil fuels. The study of the new options — which would represent major change […]