This seems bad to me. Without a border-adjustment tax (or some easy, intuitive way to figure out what to tax) this just lowers the bar with the same number of l

This seems bad to me. Without a border-adjustment tax (or some easy, intuitive way to figure out what to tax) this just lowers the bar with the same number of loopholes as before. Companies will still use tax loopholes but now the government will lose even more money.