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Congress kills border tax that could have piled thousands on to new car prices

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in Auto News

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Workers assemble a Fiat 500 in Toluca, MexicoCongressional leaders have signaled that they will scrap a border tax on incoming goods, including cars, as part of a larger tax overhaul proposal. "While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and have decided to set this policy aside in order to advance tax...

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