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Steve Forbes begs GOP to back off border tax

Gage Skidmore / Flickr Creative Commons

Publishing magnate Steve Forbes penned an open letter to congressional Republicans in today's WSJ (the full-pager was sponsored by the Taxpayers Protection Alliance) pleading with them to reconsider a border adjustment tax.

He calls the border tax a "massive new tax on consumers" via price spikes. Forbes predicts that it may cause the cost of daily goods to rise by 20% and gas prices to shoot up 30 cents.

Still confused on what a border adjustment tax entails? Here's our Facts Matter on it .

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2 hours ago - Politics & Policy

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

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Oriana Gonzalez
3 hours ago - Politics & Policy

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

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Oriana Gonzalez
3 hours ago - Politics & Policy

Far-right figure "Baked Alaska" arrested for involvement in Capitol siege

Photo: Shay Horse/NurPhoto via Getty Images

The FBI arrested far-right media figure Tim Gionet, known as "Baked Alaska," on Saturday for his involvement in last week's Capitol riot, according to a statement of facts filed in the U.S. District Court in the District of Columbia.

The state of play: Gionet was arrested in Houston on charges related to disorderly or disruptive conduct on the Capitol grounds or in any of the Capitol buildings with the intent to impede, disrupt, or disturb the orderly conduct of a session, per AP.

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