The Obama administration on Wednesday reiterated its opposition to allowing corporations to bring overseas profits back to the United States at a reduced tax rate, arguing this should only be considered as part of a broader overhaul of the corporate tax code.
In a blog entry posted Wednesday, Michael Mundaca, the assistant Treasury secretary for tax policy, says the push for a so-called repatriation holiday would take attention away from the bigger goal of corporate tax reform. He also cast doubt on the idea that a repatriation holiday sparks economic growth.
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Supreme Court Justice Antonin Scalia dies at age 79
It Can Now be Revealed — the President’s Real Name - News Headlines: U.S, National, World, Conservative, Political, Politics, Election, Latest, Breaking
R.I.P. Supreme Court Justice Antonin Scalia, 1936 – 2016
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