corporate tax

Trump’s border tax will show up in your guacamole

If the Trump administration follows through on its threat to impose a 20 percent tax on all goods coming from Mexico, the price of certain imported foods like avocados could go up. But the tax will only be on the so-called dutiable value, which means the wholesale price of the avocado when it crosses the border, which runs around 50 cents. That means a Trump-era avocado might be around a dime more, says The New York Times.