Obama’s Corporate Tax Proposal Would Benefit the Worst Corporate Tax Dodgers

‘Following is a statement by Robert McIntyre, director of Citizens for Tax Justice, regarding newly released details of President Barack Obama’s international business tax reform plan, which includes a 14 percent mandatory transition tax on the more than $2 trillion in profits that multinational companies currently hold offshore and a 19 percent minimum tax rate on U.S. multinational’s future foreign income.’

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