December 19, 2017

CBS: Here’s a Surprising Winner in the Tax Bill

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One of the biggest beneficiaries of the tax overhaul bill progressing through Congress might not seem obvious. But foreign investors stand to come out ahead.

Although President Donald Trump seeks to tighten immigration standards and get tough on international trade agreements, the tax bill — which he supports — treats non-American shareholders in US companies better than most Americans, according to an analysis from the Institute on Taxation and Economic Policy, a nonpartisan think tank. Read more