By Dave Johnson/Common Dreams
There is a push underway for a huge corporate tax break from the next administration.
Multinational corporations owe more than $720 billion in taxes on profits stashed in tax havens. They are proposing to bring those profits back if the government lets them pay only a fraction of what’s owed.
This is being sold as a “tax bonanza” to pay for infrastructure. Actually it’s a “tax-break bonanza” for corporations. Don’t be bamboozled.
Posted on October 29, 2016