Corporations go overseas to avoid U.S. taxes
Clip: 4/29/2017 | 9m 48s
Corporations go overseas to avoid U.S. taxes
On Wednesday, the Trump administration announced a portion of its tax plan, including a cut in the corporate tax rate from 35 percent to a 15 percent. The plan aims to bring revenue back into the country from U.S. companies holding it overseas in order to avoid paying taxes. Newshour Weekend Special Correspondent Patricia Sabga reports.
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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...
Corporations go overseas to avoid U.S. taxes
Clip: 4/29/2017 | 9m 48s
On Wednesday, the Trump administration announced a portion of its tax plan, including a cut in the corporate tax rate from 35 percent to a 15 percent. The plan aims to bring revenue back into the country from U.S. companies holding it overseas in order to avoid paying taxes. Newshour Weekend Special Correspondent Patricia Sabga reports.
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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...