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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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