“We don’t want to be in the position of killing tax reform,” he said,
but if forced to choose between lower rates with a border adjustment tax or nothing, he said, “the choice is easy for us.”
Suku V. Radia, the chief executive of Bankers Trust, Iowa’s largest independently owned bank, is
also waiting for details, particularly the effect of a major tax cut on the budget deficit.
“To me, Trump is undertaking ‘art of the deal’ negotiating tactics.”
Chip Johnson, the chief executive of Carrizo Oil and Gas, a medium-size Texas-based independent, said he would like to see lower corporate taxes,
but he has doubts about whether Mr. Trump can pull it off.
“That would be like making our tax go from 35 percent to 100 percent,” Mr. French said.
“I don’t think it’s feasible to get done without border adjustment
and closing some major loopholes like interest deduction,” Erin Browne, head of macro investing for the O’Connor hedge-fund division of the Swiss bank UBS, said in a text message.
“A 15 percent tax rate would be a huge win for our members,” said David French, senior vice president for government
relations for the National Federation of Retailers, the largest retail trade association in the country.
“I think that will stimulate the economy for more businesses, more jobs, more everything,” Aron Marquez,
chief executive of Wildcat Oil Tools, a service company in Midland, Tex., said of the rate slash.
