Saturday, July 2, 2016

Dem platform draft adopts Sanders proposal on taxing foreign earnings


A committee draft of the Democratic Party platform released Friday adopts a campaign proposal from Bernie Sanders to end U.S. corporations' ability to defer taxation on foreign earnings.
"We will end deferrals so that American corporations pay U.S. taxes immediately on foreign profits and can no longer escape paying their fair share of United States taxes by stashing profits abroad," the platform draft states.
http://thehill.com/policy/finance/286330-dem-platform-draft-adopts-sanders-proposal-on-taxing-foreign-earnings

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