Obama To Tax US Companies Foreign Earnings Over Seas.
New tax on US companies foreign over seas earnings. A 19% one time tax.
http://www.marketwatch.com/story/obama-to-propose-tax-on-firms-foreign-earnings-2015-02-01-121031727
Normally I'm against taxes but since it's foreign earnings that probably get sheltered abroad and don't get reinvested here I could handle this. And it's supposed to be a one time tax.
Money to be used for US infrastructure-this is where it gets messed up. Will it be needed infrastructure or a make work project. The 2008/2009 reinvestment act wound up remodeling bus and train stops around here among other things
New tax on US companies foreign over seas earnings. A 19% one time tax.
http://www.marketwatch.com/story/obama-to-propose-tax-on-firms-foreign-earnings-2015-02-01-121031727
Normally I'm against taxes but since it's foreign earnings that probably get sheltered abroad and don't get reinvested here I could handle this. And it's supposed to be a one time tax.
Money to be used for US infrastructure-this is where it gets messed up. Will it be needed infrastructure or a make work project. The 2008/2009 reinvestment act wound up remodeling bus and train stops around here among other things