The U.S. needs an overhaul of the corporate tax system, not a temporary tax...
Today U.S. multinationals have more cash stashed overseas than ever before –according to several estimates, companies have more than $1 trillion in profits squirreled away in foreign subsidiaries. Many...
View ArticleU.S. corporate taxes: A strong incentive to move overseas
When a U.S. company owns a subsidiary overseas, it has a big decision to make when it comes to the earnings of that subsidiary. Does it send the money back to the parent company in the U.S. and pay...
View ArticleEasy money won’t save Corporate America — S.P. Kothari
From WSJ MarketWatch Since the onset of the global financial crisis in 2007-08, the administration and the Federal Reserve have implemented policies explicitly designed to spur investment, grow GDP,...
View ArticleWhy the Trump tax plan’s fuzzy math doesn’t add up – Robert Pozen
From MarketWatch Senate Republicans last week agreed on a budget resolution allowing a $1.5 trillion increase in the federal deficit over the next 10 years from tax legislation. This resolution paves...
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