Biden: "We Want To Create A Global Minimum Tax"
Quietman ~PWCM~JLA
2012/03/30 20:46:15
""For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%," Vice President Joe Biden said at a manufacturing plant in Davenport, Iowa this week.
"We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event"
"We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event"
Read More: http://www.realclearpolitics.com/video/2012/03/30/...
Top Opinion
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Demonic Rat Hunter 2012/03/30 20:54:51
Let them keep it up, and they'll have companies re-registering abroad, and investors renouncing their American citizenship. Maybe they'll buy one of those discarded oil platforms, the ones they're starting to remake as floating islands. They can call this one "Atlantis."