08 Jan 2017, 15:23

Corporate Tax in the US

https://theintercept.com/2017/01/05/corporations-prepare-to-gorge-on-tax-cuts-trump-claims-will-create-jobs/

  • US companies have a trillions of dollars in offshore money as the corporate tax rate is 35%.
  • Trump is proposing reducing the tax rate to 15%
  • If this will happen companies will just use this to do more M&A and not for job creation.