OZY: Can Anyone Bring American Companies Home Again
By SIMON CONSTABLE
Trumpisms, verbal attacks and aggressive stances for taking down ISIS have all been shared on Republican debate stages of late. But one sentiment has largely been missed: that time when GOP candidates tried to knock out their opponents using a serious While there’s little agreement across party lines on personal taxes, there may be some consensus on the business front.
“Corporate taxes are the one area [where] there could be tax reform,” says Bill Cobb, CEO of tax preparer H&R Block. Cobb should know. He routinely roams government hallways, keeping his finger on the policy-change pulse. And it seems that this election cycle some candidates are pushing to fix a unique U.S. tax wrinkle: the double taxation of offshore corporate profits, even though the companies have already paid local taxes in other countries. Read more here.