21-07-2017 16:35 via insuranceinsider.com

Opinion: budget blueprint

Republican leaders have this week attempted to revive early
enthusiasm for potential reform by unveiling a budget blueprint to
rein in federal spending and provide a framework for tax cuts.
For the insurance industry, the outcome would be
bittersweet.
Along with a reduction in the 35 percent corporate rate, the
reforms could include the enactment of a
"border-adjustment" tax that some analysts say could
impose substantial burdens on offshore (re)insurers and raise costs
for insureds across the U
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