You read the first sentence? You are doing exactly what I predicted you would do. You have cherry picked one small piece of data and rejected the rest. There are lots of reasons to not support the Transition tax, but the end result would have been a lowering of corporate taxes by 7% long range in exchange for a 14% tax for funds that had found their way into off shore accounts and were taxed 0%. The 14% one time deal was part of the deal to lower corporate taxes for bringing the funds back in country instead of leaving them in foreign tax free accounts.I Googled it and here is first sentence on Reuters news story on it:If the 14% Transition tax is brought to your attention you will do the same thing. You will find fault and claim it doesn't count.
President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future.
See how stupid a liberal is?? He's trying to imagine that $ trillions in new taxes on corporations is an incentive to American companies!!
Sorry you have the reputation you have, but the effort to inform you of facts in a debate is useless. You are far to predictable and the purpose of you stoking your ego is far to obvious. Your insistence that anyone who disagrees with you is a liar and that all liberals are liars makes debating you extremely distasteful.