How Biden's infrastructure plan aims to tax offshore profits
Clip: 4/8/2021 | 5m 37sVideo has Closed Captions
How Biden's infrastructure plan aims to tax corporations that move profits overseas
One major way that President Joe Biden and his team propose paying for his $2 trillion infrastructure plan is by revamping the way U.S. corporations pay taxes. As Amna Nawaz reports, the plan would both raise tax rates, and go after the ways some large companies record profits overseas. Jesse Drucker covers taxes and tax havens for The New York Times and joins us to discuss.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
How Biden's infrastructure plan aims to tax offshore profits
Clip: 4/8/2021 | 5m 37sVideo has Closed Captions
One major way that President Joe Biden and his team propose paying for his $2 trillion infrastructure plan is by revamping the way U.S. corporations pay taxes. As Amna Nawaz reports, the plan would both raise tax rates, and go after the ways some large companies record profits overseas. Jesse Drucker covers taxes and tax havens for The New York Times and joins us to discuss.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...