GOP senator: Reduce taxes to offset tariffs on Chinese goods

The HillBy Zack Bukryk

Sen. Rick Scott (R-Fla.) on Monday called for tax cuts to offset the costs to American consumers of tariffs on Chinese goods during a CNBC appearance. “Anything we raise in tariffs, we should give back to the rank and public in tax reductions,” Scott said Monday on CNBC’s “Squawk Box,” acknowledging the “short-term pain” from the ongoing trade war between the U.S. and China.
To read more go here Subscription Required
By Bukryk, Zack, posted on Tuesday August 20, 2019
Subscribe

Read More International Tax News