Since taking office a few weeks ago Donald Trump has done some good things for the economy, such as lifting the burdensome regulatory apparatus imposed by the previous administration.
What's lacking is major tax reform. It needs to go to the top of the agenda right now. It should stay there until completed. Here are some reasons:
The president needs to forget the border adjustment tax. It's not good for consumers because it will likely raise the prices of consumer goods. It has also divided the party. The BAT matter is an international trade issue not one of tax, the moniker notwithstanding. Issues related to imports/exports would be better tackled through bills related to trade.
He should also leave the repeal and/or tweak of ObamaCare out of the tax reform legislation. It would seem on the face of it that the two are closely linked. But healthcare insurance remains a divisive issue within the Republican party. To the extent that healthcare can be left to a separate bill that doesn't involve the basic matters of personal or business tax, that would allow the President to get an easier win. His party and the voters will thank him if he does.
Mr. Trump should relentlessly pursue the easily doable tax reform until the job is done. No president gets everything they want from Congress, but this time getting most of the things on the wish list should be doable.
It will give the new president the freedom to deal with other things where the wins won't be as easy and the issues are far muddier.
TOPSHOT - US President Donald Trump speaks to reporters aboard Air Force One on March 15, 2017. / AFP PHOTO / NICHOLAS KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)