Overview
Lisa Zarlenga, who previously served as Treasury’s tax legislative counsel, was quoted in a Wall Street Journal article titled “House GOP Business-Tax Plan Upends US Policy, Bares Corporate Fault Lines.” The article, published November 24, discusses the proposed rewrite of the US tax code, which would pit importers against exporters. The Republican plan in Congress would impose corporate taxes on imports while eliminating them from exports, a move that would upend decades of tax policy.
Ms. Zarlenga says, “You’re going to have the big importers fighting the big exporters.”
The full article can be read at The Wall Street Journal (subscription required).