Wednesday, March 15, 2017
With tax reform high on the agenda of the 115th Congress, NPGA Government Affairs Committee members were recently advised of a Republican-sponsored tax policy paper introduced in the summer of 2016 that includes a provision to establish a border adjusted tax (BAT) designed to exempt exports while taxing all imported goods at the corporate tax rate. The paper, “A Better Way,” by House Speaker Paul Ryan (R-Wis.) and House Ways and Means Committee chairman Kevin Brady (R-Texas), has several key implications for propane marketers.