“These multinational firms are going to want to stay below the 10 percent threshold, because that means the U.S. tax system won’t touch their foreign earnings,” said Matt Gardner, a tax expert at the Institute on Taxation and Economic Policy, a left-leaning think tank. “If you move a whole factory overseas, that sharply increases what they can earn without paying U.S. taxes.” Read more
December 6, 2018
Washington Post: Does the Republican Tax Law Encourage Outsourcing?
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