Enemies of Paul Ryan's border adjusted corporate income tax (BAT), from retailers to conservative think tanks, have been mustering forces in recent weeks, arguing that the tax would hurt consumers while doing little to boost domestic employment.

But that tax reform, which would raise rates on importers while lowering taxes on exporters, does still have its supporters, including the CEOs of manufacturing firms like Boeing, Caterpillar, United Technologies, and Raytheon. Those executives cosigned a letter to lawmakers Tuesday along with 12 other industry leaders, supporting the tax as a "big and bold" reform that would "level the playing field for American workers" and "dramatically reinvigorate economic growth."

Why it matters: BAT supporters know that given opposition in Congress, supporters need the White House to weigh in in favor. The best way to do that is to frame the tax as a nationalist policy that would support American workers at the expense of foreign countries and multinational firms.

Go deeper

Updated 13 mins ago - Politics & Policy

Trump says he will announce Supreme Court pick on Saturday

Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted Tuesday that he plans to announce his Supreme Court pick on Saturday. He later told reporters that the announcement will come at 5 p.m.

Why it matters: Republicans are moving fast to replace the late Justice Ruth Bader Ginsburg, which would tilt the balance of the high court in conservatives' favor and have lasting impact on climate policy, immigration and the Affordable Care Act.

Erica Pandey, author of @Work
44 mins ago - Economy & Business

Remote work won't kill your office

Illustration: Eniola Odetunde/Axios

We can officially declare the 9-to-5, five-days-a-week, in-office way of working dead. But offices themselves aren't dead. And neither are cities.

The big picture: Since the onset of pandemic-induced telework, companies have oscillated between can't-wait-to-go-back and work-from-home-forever. Now, it's becoming increasingly clear that the future of work will land somewhere in the middle — a remote/in-person hybrid.

FBI: Foreign actors likely to sow disinformation about delays in election results

Photo: Chip Somodevilla/Getty Images

The FBI and Cybersecurity and Infrastructure Security Agency released a public service announcement on Tuesday warning that mail-in ballots "could leave officials with incomplete results on election night," and that foreign actors are likely to spread disinformation about the delays.

The bottom line: The agencies called on the public to "critically evaluate the sources of the information they consume and to seek out reliable and verified information from trusted sources," including state and local election officials.

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