Louis Benedict

3 years ago
Overall, this solution is comprehensive and would likely have a positive net impact. I am curious why the authors of this proposed solution decided to completely eliminate taxation on foreign investors. If eliminating the corporate income tax spurs additional foreign investment in US companies, why not at least tax foreign investors at a nominally low rate of say 5%? By not taxing foreign investors at all would the US government be leaving a significant amount of potential revenue on the table? See more

Louis hasn't commented yet.

3 years ago
Overall, this solution is comprehensive and would likely have a positive net impact. I am curious why the authors of this proposed solution decided to completely eliminate taxation on foreign investors. If eliminating the corporate income tax spurs additional foreign investment in US companies, why not at least tax foreign investors at a nominally low rate of say 5%? By not taxing foreign investors at all would the US government be leaving a significant amount of potential revenue on the table? See more

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