GOP senator: Border adjustment tax would be 'dead on arrival' in Senate

GOP senator: Border adjustment tax would be 'dead on arrival' in Senate

Sen. David Perdue (R-Ga.) shot down House Speaker Paul RyanPaul Davis RyanNo time for the timid: The dual threats of progressives and Trump Juan Williams: Pelosi shows her power Cheney takes shot at Trump: 'I like Republican presidents who win re-election' MORE's (R-Wis.) call for a border-adjustment tax on Saturday, saying such a proposal would be "dead on arrival" in the Senate.

"Right now, in the Senate anyway, I think the border-adjustment tax is dead on arrival," Perdue told radio host John Catsimatidis on AM 970 in New York. "It's a tariff, it's regressive on a low-income consumer and a middle-income consumer. It really is counter to growth."

"It's nothing but a tariff, and that's the last thing we need," he added of the proposal to tax imports and exempt exports.

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President Trump himself has in the past called for a border-adjustment tax on imports, and such a measure was the centerpiece of a tax proposal developed by Ryan and Rep. Kevin BradyKevin Patrick BradyEconomic growth rate slows to 2 percent as delta derails recovery Democratic retirements could make a tough midterm year even worse Yellen confident of minimum global corporate tax passage in Congress MORE (R-Texas), who chairs the House Ways and Means Committee.

But Treasury Secretary Steven Mnuchin said last month that he didn't think the provision "works in its current form," and a tax proposal released by the Trump administration included no mention of a border-adjustment tax.

Sen. John CornynJohn CornynMental health: The power of connecting requires the power of investing Senators call for Smithsonian Latino, women's museums to be built on National Mall Cornyn says he 'would be surprised' if GOP tries to unseat Sinema in 2024 MORE (Texas), the No. 2 Senate Republican, also appeared to close the door on a border-adjustment tax last month, saying it was "probably dead."