Wednesday, 6 December 2017

Trump's "100 percent-pro America" tax plan is actually a huge gift to offshorers

Trump's "100 percent-pro America" tax plan is actually a huge gift to offshorers

At a tax reform rally last week, President Donald Trump told supporters that “our tax plan is anti-offshoring and 100 percent worker…100 percent pro-America.” He didn’t explain how that fits with his plan to eliminate taxes on US company’s international profits. The Republican tax plan can be divided into three buckets: individual, corporate, and international. That last bucket creates new incentives for companies to move factories overseas and shelter money in tax havens.
Read more: http://www.motherjones.com/politics/2017/12/trumps-100-percent-pro-america-tax-plan-is-actually-a-huge-gift-to-offshorers/?source=Snapzu

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