Axios energy reporter Amy Harder has a look at how conservative energy activists are looking warily at the embattled border adjustment tax, a plan oil companies are also not thrilled about. Check it out....
The American Energy Alliance, a conservative advocacy group funded partly by the billionaire Koch brothers, hasn't taken an official position on the border tax proposal, the linchpin of House Republicans' tax plan. That proposal is facing criticism from other like-minded groups, including Americans for Prosperity, which also receives funding from the Kochs.
Why it matters: In Washington, lack of policy positions can say more than actual stated positions. AEA president Tom Pyle, who is close to the Trump administration, was an advisor on the transition team.
- For the record: "We're still evaluating our position on a border adjustment tax," Chris Warren, spokesman for the group, told Axios. "As opposition grows, we are concerned about alternatives that may emerge, such as a carbon tax, which could potentially be even worse."
Our thought bubble:
Politically speaking, a carbon tax is harder to swallow for more Republicans than a border adjustment tax, given the dicey partisan politics around climate change. For many corporations, many of which have already incorporated carbon taxes into their operations, it's the opposite: They prefer carbon taxes over border taxes.