Thursday, June 23, 2011

CHART: Corporate Tax Holiday Pushed By GOP Increases The Amount Of Money Corporations Invest Offshore

CHART: Corporate Tax Holiday Pushed By GOP Increases The Amount Of Money Corporations Invest Offshore: "pSeveral Congressional Republicans have been promoting the idea of enacting a tax repatriation holiday, which would allow multinational corporations to bring money that they have stowed offshore back to the U.S. at an extremely low tax rate (instead of the usual 35 percent). House Republicans have introduced legislation that would allow corporations to repatriate money [...]/p"