Koch industries Takes on Import-Export Part of House Tax Plan

December 8, 2016, 12:20 AM UTC

House Republicans are fighting pushback from Koch Cos. Public Sector LLC, which opposes their tax plan’s provision on taxing imports and exempting exports.

Consumer costs would rise as a result, said the company’s top lobbyist, echoing concerns previously raised in the retail and textiles industries. Koch’s entry into the opposition spotlighted tension facing the GOP’s efforts to date.

But the cross-border proposal is needed to improve U.S. competitiveness in the global economy, said House Ways and ...

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