Posted on 12/20/2017 2:18:31 PM PST by shove_it
GOP tax plan could lead companies to curb shifting of profits abroad—and could satisfy Trump’s protectionist instincts.
Besides tax reform, one of President Donald Trump’s most cherished goals is reducing the gaping U.S. trade deficit.
In a little-appreciated way, the tax bill expected to pass Congress this week may do just that. This wouldn’t come by making businesses and workers more productive or changing other countries’ trade practices, but by curbing the incentive for multinational companies to artificially shift profits abroad...
CLICK RELATED VIDEO LINK AT WSJ TRUNCATED ARTICLE FOR FURTHER DETAILS
(Excerpt) Read more at wsj.com ...
Well there is this guy in Nigeria.................
LOL!
So now WSJ is resorting to click bait tactics?
WSJ severely truncates its articles and requires readers to subscribe for the full article. I do not subscribe, so I can’t read the full article. For a fuller explanation, you need to click video link at the WSJ website which sheds more light on the subject.
So the WSJ has degenerated to click bait headlines these days?
“This One Weird Tax Trick”
The real answer is eliminate the tax on corporate revenue. With that every corporation in the world will relocate its headquarters to the USA. Next eliminate the personal income tax and replace it with a sales tax.
Beat me to it by a third of an hour.
One weird trick...
So wsj has gotten into click bait headlines?
Good grief...
Lol, me too....
Yup - I’ve argued that with my liberal friends and corporate exec cohorts. Raise my top tax rate a few % and eliminate US corporate taxes. The result would be unreal.
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