Leah Babins

3 years ago
I think this is a great proposal to address the issue of corporate inversions. However, I think the tax proposal in its current form brings forth a handful of new problems. For one, the estimated annual revenue reduction of $170 million is extremely problematic for the United States given our rising national debt. I am also interested to know if the increase in tax rates on dividends and capital gains would lower savings.

Overall, I think two changes that could be made to the proposal to make it more practical would be to tax foreign investors, and to keep the corporate income tax, but to lower it to a rate that is more competitive with the rest of the world.
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Leah hasn't commented yet.

3 years ago
I think this is a great proposal to address the issue of corporate inversions. However, I think the tax proposal in its current form brings forth a handful of new problems. For one, the estimated annual revenue reduction of $170 million is extremely problematic for the United States given our rising national debt. I am also interested to know if the increase in tax rates on dividends and capital gains would lower savings.

Overall, I think two changes that could be made to the proposal to make it more practical would be to tax foreign investors, and to keep the corporate income tax, but to lower it to a rate that is more competitive with the rest of the world.
See more

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