Apr 27, 2017
Linda Swartz comments in TPWeek about President Trump's tax reform plan.
An excerpt from "A Breakdown of Trump’s Tax Reform Plan," TPWeek, April 27, 2017:
However, opinions on the reform vary greatly. Linda Swartz, chair of Cadwalader, Wickersham & Taft’s tax group in New York, said the announcement was a feel-good, splashy promise that can only be achieved by sacrificing revenue neutrality.
“The Trump plan is short on detail, so questions regarding international tax reform, including whether a border adjustment tax (aptly named a Frankenstein VAT) has legs, remain unanswered,” said Swartz.
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