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Clinton Administration's Proposal To Increase Taxes For Multinational Corporations
Part one of term paper
Clinton Administration's Proposal to Increase Taxes for Multinational
My topic is the increase if the taxes which Clinton Administration is
planning. This increase in taxes will target "multinational Corporations, end
the favored tax treatment of extra long term bonds", It will also raise capital
gains taxes by “changing the rules for compu ...
Part two of term paper ... Revenue and makes the economy
less efficient or less competitive.
The multinational tax would disallow multinationals to assume half of
their goods are foreign even if they are made in the US. Thus they could export
to a country with low taxes and thus pay less taxes. This change would bring an
increase of 7.9 Billion in corporate taxes over the next 5 years.
This withdraws a lot of money from the economy and may thus decrease
demand for goods, as people have less money to spend. The multin ...
Word count: 602 | Approximate pages: 3
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