Kyle Hanlon

3 years ago
In a hypothetical situation, say the corporate tax rate is cut and shareholders are then taxed (or some modified version with a sizable reduction corporate tax rate and moderate increase in shareholder taxes)... Has the consideration of what foreign government's reaction to America's change been discussed? In theory under the new plan, firms will want to invest and move back to into the US and presumably the American economy grows because of this and internal investment by corporations. If this happens and the economy grows relative to the rest of the world, couldn't it be said that the dollar would appreciate at a noticeably greater rate than foreign economies? The loss of revenue from previously domestic firms that moved to the US as well as foreign investment to these corporations would have a serious drawback to foreign countries. As time passes and the US economy takes off, will foreign governments just sit back and lose their competitive edge versus the US? Or will they find a way to either drop their corporate tax rates (or increase other motivators), essentially starting a war on corporate tax rate?<--(my thinking is similar to a trade war)... Understanding that this of of course is all hypothetical, who's to say something such as this doesn't occur 5-10 years down the road? See more

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3 years ago
In a hypothetical situation, say the corporate tax rate is cut and shareholders are then taxed (or some modified version with a sizable reduction corporate tax rate and moderate increase in shareholder taxes)... Has the consideration of what foreign government's reaction to America's change been discussed? In theory under the new plan, firms will want to invest and move back to into the US and presumably the American economy grows because of this and internal investment by corporations. If this happens and the economy grows relative to the rest of the world, couldn't it be said that the dollar would appreciate at a noticeably greater rate than foreign economies? The loss of revenue from previously domestic firms that moved to the US as well as foreign investment to these corporations would have a serious drawback to foreign countries. As time passes and the US economy takes off, will foreign governments just sit back and lose their competitive edge versus the US? Or will they find a way to either drop their corporate tax rates (or increase other motivators), essentially starting a war on corporate tax rate?<--(my thinking is similar to a trade war)... Understanding that this of of course is all hypothetical, who's to say something such as this doesn't occur 5-10 years down the road? See more

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