Lawrence Summers Makes the Case for a Border Tax

The transcript discusses the concept of a border adjustment tax, highlighting its potential to enhance global competitiveness. Despite concerns about its complexity and lack of historical precedent, the speaker argues that border taxes are traditional and feasible with modern technology. The discussion includes expert opinions and historical context, emphasizing that most energy in U.S. imports is concentrated in a few products, making the tax manageable.

What concerns are raised about the complexity of implementing a border adjustment tax?

How does information technology influence the discussion around border adjustment taxes?