China will gladly take the jobs...... "CORPORATIONS"... lol.... Another lefty boogie man.
Democrats.... taxing and spending their way to happiness for ALL Americans......
https://www.realclearmarkets.com/ar...orations_out_of_the_united_states_792060.html
When Congress reformed the tax code by passing the Tax Cuts and Jobs Act (TCJA) back in 2017, the motivation was to make American businesses more competitive across the world. This time around, Congress is re-reforming the international tax system for a very different purpose: to raise additional revenue that can be spent on a variety of priorities. This backwards method of policymaking is likely to cause significant harm to the economy by making the American tax system unfriendly to multinational businesses choosing where to direct their activities and investments.
Senators Ron Wyden (D-OR), Sherrod Brown (D-OH), and Mark Warner (D-VA) recently put forward draft legislation intended to be just one element of a raft of proposed tax hikes to pay for a proposed $3.5 trillion spending package. When Congress is trying to scrounge up enough revenue to match that kind of price tag, you can bet your bottom dollar that sound policy considerations will come in second to potential revenue — assuming Congress hasn’t already taxed your bottom dollar as well.
Democrats.... taxing and spending their way to happiness for ALL Americans......
https://www.realclearmarkets.com/ar...orations_out_of_the_united_states_792060.html
When Congress reformed the tax code by passing the Tax Cuts and Jobs Act (TCJA) back in 2017, the motivation was to make American businesses more competitive across the world. This time around, Congress is re-reforming the international tax system for a very different purpose: to raise additional revenue that can be spent on a variety of priorities. This backwards method of policymaking is likely to cause significant harm to the economy by making the American tax system unfriendly to multinational businesses choosing where to direct their activities and investments.
Senators Ron Wyden (D-OR), Sherrod Brown (D-OH), and Mark Warner (D-VA) recently put forward draft legislation intended to be just one element of a raft of proposed tax hikes to pay for a proposed $3.5 trillion spending package. When Congress is trying to scrounge up enough revenue to match that kind of price tag, you can bet your bottom dollar that sound policy considerations will come in second to potential revenue — assuming Congress hasn’t already taxed your bottom dollar as well.
