Posted by
Gabrielle Cusumano on Wednesday, February 22, 2012 10:49:22 PM
Require companies to pay a tax on overseas profits. The President believes we must prevent companies from reaping the benefits of locating profits in low-tax countries, put the United States on a more level playing field with our international competitors, and help end the race to the bottom in corporate tax rates. Text: Obama Corporate Tax Reform Plan
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The media is focusing on the President saying he will lower the corporate tax rate. They're missing the part of his plan that calls for a new tax on overseas...