Tuesday, September 3, 2013

An Easy Way to Squeeze a Lot of Taxes from Corporations That Try to Hide Their Profits Offshore | Alternet

An Easy Way to Squeeze a Lot of Taxes from Corporations That Try to Hide Their Profits Offshore | Alternet
"Here is one thing Congress could do that would create more jobs, boost the economy and reduce both the budget deficit and the trade deficit. This one thing would not only provide a big boost now, but would provide an ongoing boost from now on. Congress should modify the “deferral” tax loophole that lets companies dodge their taxes by moving and keeping profits “out of the country"."