---
title: "CNBC: Trump’s Tax Plan Will Pass Because it Will Help Consumers"
url: https://burnaze.com/article/a070e62e-69ba-4e05-96c1-d0a14081d904
source: "1851 Franchise"
original_url: https://1851franchise.com/cnbc-trumps-tax-plan-will-pass-because-it-will-help-consumers-8842
category: "Finance"
topics: ["Finance & M&A"]
published: 2016-12-23T18:13:01.000Z
modified: 2026-11-01T04:14:01.244Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/bbb06d61229624fba96b420e3488ce6b1478.jpg
---

# CNBC: Trump’s Tax Plan Will Pass Because it Will Help Consumers

**TL;DR:** CNBC discusses Trump's tax plan and its potential impact on consumers, with experts weighing in on the plan's likelihood of passing and its effects on the market. The plan includes a 'border adjustment' that taxes products based on where they're consumed, rather than manufactured.

*originally published in 1851 Franchise on 2016-12-23. [Read the original](https://1851franchise.com/cnbc-trumps-tax-plan-will-pass-because-it-will-help-consumers-8842).*

## Story

"Consumers are still stretched, they're still allocating more of their wallet to health-care cost and rising housing costs, leaving less to spend on other things," Boockvar said. "I agree there's going to be political pushback here, but the tax plan's going to pass. It's just a matter of how we respond to it. The whole 'border adjustment' thing is getting [to be] a big deal."

‘border adjustment’ refers to the suggestion that products should be taxed based on where they’re consumed rather than where they’re manufactured. The tax plan also suggests that exported goods are not taxed, while goods being imported from outside the country should be.

"No matter how you look at it, it's looking expensive in an environment of uncertainty," said independent consultant Alison Deans, of the market rally since the election. "I also feel as if the rally seems to be biased towards all the good aspects of the Trump policy without concerns of some of the potential trade issues that could crop up."

## Entities

- 1851 Franchise (publication)
- General (sector)
- tax plan (topic)
- market rally (topic)
- trade issues (topic)
- border adjustment (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/cnbc-trumps-tax-plan-will-pass-because-it-will-help-consumers-8842). Summarized by Burnaze (https://burnaze.com/article/a070e62e-69ba-4e05-96c1-d0a14081d904).