4 ms·
"... The business rate will be lowered from 35% to 15%, and the trillions of dollars of American corporate money overseas can now be brought back at a 10% rate.
by dr_ 10y ago
"... The business rate will be lowered from 35%
to 15%, and the trillions of dollars of American corporate
money overseas can now be brought back at a 10% rate."
15% seems like a lofty goal, even 25% would be drastic. Unless a corporation can be confident that there will be significant growth in the economy, they are likely to hoard the savings than reinvest them.