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In this article, David P. Hariton provides an early analysis on how financial transactions would be treated under the border-adjusted cash flow tax proposed by House Republicans in their "Better Way" blueprint for tax reform.
I have often said that tax reform is like the weather – everyone talks about it, but no one does anything about it. With Donald Trump about to become president, and his Republican allies in control of Congress, it would seem to many that tax reform is all but a done deal.