Tax law may send factories and jobs abroad

[Supposn]

I'm among the proponents of a trade policy described within Wikipedia's “Import Certificates” article. The Import Certificate trade policy would have no problem with USA's new tax laws.

Respectfully, Supposn

Excerpted from:
https://www.nytimes.com/2018/01/08/business/economy/gop-says-tax-bill-will-add-jobs-in-us-it-may-yield-more-hiring-abroad.html?rref=collection%2Fsectioncollection%2Fbusiness-economy&action=click&contentCollection=economy&region=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=sectionfront

Tax law may send factories and jobs abroad

Under the new law, income made by American companies’ overseas subsidiaries will face United States taxes that are half the rate applied to their domestic income, 10.5 percent compared with the new top corporate rate of 21 percent.

 

[EdwardBaiamonte]

I'm among the proponents of a trade policy described within Wikipedia's “Import Certificates” article. The Import Certificate trade policy would have no problem with USA's new tax laws.

Respectfully, Supposn

Excerpted from:
https://www.nytimes.com/2018/01/08/business/economy/gop-says-tax-bill-will-add-jobs-in-us-it-may-yield-more-hiring-abroad.html?rref=collection%2Fsectioncollection%2Fbusiness-economy&action=click&contentCollection=economy&region=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=sectionfront

Tax law may send factories and jobs abroad

Under the new law, income made by American companies’ overseas subsidiaries will face United States taxes that are half the rate applied to their domestic income, 10.5 percent compared with the new top corporate rate of 21 percent.

best corporate tax is no tax so business is free to kill competition rather than forced to waste time energy and money avoiding and evading taxes.