Lower rate in the US & tax international earnings.
From the article, tax restructuring seems needed as businesses become more global. It is supposed to promote spending to update machines that would help people be more productive. Of course economists are more about systems than people so the welfare of people isn't really mentioned other than people's wages should rise.
https://psmag.com/economics/here-is-how-the-gop-wants-to-change-corporate-taxes-in-america
It's Trump xenophobia.
ReplyDeletePerhaps not exactly but combined with the US first stuff - yes.
ReplyDelete