GOP Sen Perdue: Border Adjustment Tax Proposal Would Be ‘Dead on Arrival’ in Senate

During Sunday’s broadcast of “The Cats Roundtable” on New York AM 970, Sen. David Perdue (R-GA) predicted House Speaker Paul Ryan’s border adjustment tax proposal would be “dead on arrival” when it hit Senate.

“[R]ight now, in the Senate anyway, I think the border adjustment tax is dead on arrival,” Perdue said to host John Catsimatidis. “It’s a tariff, it’s regressive on a low-income consumer and middle-income consumer. It really is counter to growth.”

“It’s nothing but a tariff, and that’s the last thing we need,” he continued.

Follow Trent Baker on Twitter @MagnifiTrent