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If the end result is paying the highest tax rate, then you haven't actually changed anything by your policy proposal.
by tathougies 8y ago
If the end result is paying the highest tax rate, then you haven't actually changed anything by your policy proposal.
- cletus 8y agoSure it is. Tax is withheld at source and the only thing that offsets it other US taxes. This is substantially better than current situation that allows transfer pricing to move profits to a lower tax jurisdiction.
- tathougies 8y agoThanks for the explanation. That makes more sense.