PBS NewsHour

Corporations go overseas to avoid U.S. taxes

Clip: 04/29/2017 | 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.

Aired: 04/29/17

Rating: NR

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