BBC: Will Trump’s Tax Plan Trigger a Tax War?

Depending on your perspective, the measure either captures tax that firms otherwise would have avoided, or provides companies with a major break on what they would have otherwise owed.

“Allowing them to pay a low rate is basically a get-out-of-jail halfway free card,” said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy, a left-leaning Washington think tank. Read more

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