ICYMI: TPPF and R Street Institute Release Study on the Impact of a Border-Adjustment Tax on the Texas Insurance Market
Lars Powell, Ian Adams and R.J. Lehmann, each of the R Street Institute, along with the Texas Public Policy Foundation (TPPF), released a new study entitled “Impact of a Border-Adjustment Tax on the Texas Insurance Market” that outlines the economic cost Texas might face if Congress adopts a border-adjustment tax (BAT) that does not follow the almost universal international practice of exempting financial services like reinsurance from similar taxes.
Press Release May 1, 2017