harikaried
09-13-2011, 01:37 PM
http://www.huffingtonpost.com/2011/09/11/tax-cuts-overseas-profits_n_957333.html
Not much info in the article..
The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations.
Eliminating the taxes on some of the profits is a central element of the Obama administration's broader plans to overhaul the corporate tax code, the newspaper said.
Sounds almost like Ron Paul's plan, except they're not going all the way.
Not much info in the article..
The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations.
Eliminating the taxes on some of the profits is a central element of the Obama administration's broader plans to overhaul the corporate tax code, the newspaper said.
Sounds almost like Ron Paul's plan, except they're not going all the way.