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GOP tax plan may not curb incentives for firms to shift profits, jobs overseas

L.A. Times Saturday, 11 November 2017 ()
By slashing the corporate tax rate, the GOP tax proposal could very well curtail the widely derided practice of companies moving headquarters to a foreign country simply to reduce their tax bite.

But how far will the tax overhaul go in advancing a top goal of President Trump’s -- keeping U.S. multinational...
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Source: Wochit Headline News - < > Embed
News video: The GOP Tax Plan Just Passed the House

The GOP Tax Plan Just Passed the House 00:26

The Tax Cuts and Jobs Act, the House GOP tax reform bill, passed the House on Thursday. The Senate bill's path faces a murkier outlook, especially after the defection of GOP Senator Ron Johnson on Wednesday. On Wednesday, Johnson became the first Republican senator to come out publicly as a "no" for...

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