Righty asshole Poem, FO. Post your misinformation
Post# of 65629
Seen any proposals on the matter from Trump lately?
Of course not, he has NO ideas about anything.
Quote:
Various proposals have been floated on giving companies a break for repatriation. The last time Washington lawmakers were able to make a deal was in 2004.
https://www.cnbc.com/2016/09/20/us-companies-...rseas.html
President Barack Obama last year proposed a one-time 14 percent tax on overseas cash, with a 19 percent levy on future earnings. Republican presidential nominee Donald Trump wants to cut all corporate taxes to 15 percent, with foreign earnings taxed at 10 percent. Democrat Hillary Clinton has not been as specific, though she has hinted at being open to a repatriation deal.
"The prospect of a deal being agreed to reform the corporate tax system is no longer as remote as it once was," Hunter wrote. "With corporate tax reform on the agenda of both parties, the odds are increasing that some of the foreign cash will eventually be repatriated. But this is unlikely to give a major boost to the domestic economy."