EL PASO, TX — In response to a joint statement released today by White House and
Republican leaders on their decision to abandon the border adjustment tax as part of larger tax
reform measures, Jon Barela, Chief Executive Officer of The Borderplex Alliance, issued the
“Today's announcement from House, Senate, and White House leaders on dropping the
border adjustment tax (BAT) from tax reform efforts is a relief for American businesses
and families who live and work in the North American Borderplex region. We are deeply
supportive of House Speaker Paul Ryan and House Ways and Means Committee
Chairman Kevin Brady, as well as the rest of the Republican and White House
leadership, on the decision to no longer pursue this policy.
The once proposed border tax, or better termed "consumer tax,” would have been a
dangerous and costly policy to our local and national economy. More than $70 billion
worth of goods cross our borderplex region each year, which support jobs and economic
activity on both sides of the border. The economies of El Paso County and Doña Ana
County—which we represent—benefit from the flow of imports and exports, all which
would have been jeopardized with the proposed tax. Furthermore, it would not have
simplified our outdated tax code nor reduced the tax burden on citizens.
During my visits to Washington, D.C., I expressed time and time again why the tax is
bad for working families, business owners, and retailers and I’m glad numerous other
advocates did the same. While the time is ripe for tax reform, it should never be done on
the backs of working families and it should not be complex and unpredictable. As tax
reform policies are discussed, ideas and proposals should be rooted in common sense
simplicity that grow our whole economy without crippling any segment.
For more information or to speak to Jon Barela on this topic, please contact Laura Rodriguez at
email@example.com or (915) 209-2230.
Statement by Borderplex CEO on Abandonment of Border Adjustment Tax
27 Jul, 2017