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Repatriation Tax Holiday

How the Clinton and Sanders Infrastructure Plans Measure Up

Dave Johnson | Posted 12.01.2016 | Business
Dave Johnson

Clinton's infrastructure plan says only that it will be paid for through "business tax reform." It does not detail the nature of the reforms that would pay for this spending. Similarly, Sanders does not yet have a specific individual and corporate tax proposal, but he has proposed a financial transaction tax and says he will close loopholes.

Must Watch: Warren's Warning About The Coming Corporate Tax Giveaway

Dave Johnson | Posted 11.19.2016 | Business
Dave Johnson

This rigs the game against families and smaller businesses that have to pick up the slack. Families and small U.S. companies pay 17.5 percent. The biggest corporations pay less, even zero.

A Terrible, Horrible, No Good, Very Bad Idea

Jaimie Woo | Posted 04.28.2015 | Politics
Jaimie Woo

A strangely popular proposal would give companies a temporary tax holiday, letting corporations "repatriate" their money at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. You'd think that common sense and strong opposition would be enough to kill a bad policy. Not in Washington, D.C., apparently.

Rand Paul Shushes A Reporter Asking About His Corporate Tax Holiday

The Huffington Post | Sam Levine | Posted 02.02.2015 | Politics

Sen. Rand Paul (R-Ky.) was so unhappy with the way a television interview was going on Monday that he shushed the reporter so that he could speak. ...

New Year, Fresh Start: Congressional Dos and Don'ts

Jaimie Woo | Posted 03.22.2015 | Politics
Jaimie Woo

Another year has come and gone, and 2015 presents an opportunity to start fresh. With that in mind, it's time for the newly minted 114th Congress to make the right choices for the public's interest in its New Year's resolutions, and making the tax code fairer is a good place to start.

Repatriation Tax Mistakes

Dave Johnson | Posted 10.02.2013 | Business
Dave Johnson

If you reward bad behavior you create an incentive for the bad behavior to continue. This is certainly the case with taxes on profits made outside the country.

A Better Way to Tax the Multinationals

Dave Johnson | Posted 08.03.2013 | Business
Dave Johnson

It is time for Americans to change to a tax system that really gets corporations to pay their fair share -- and stop letting them move their taxable income all over the world.

Reward Investors in Banks That Break Up

Brent Budowsky | Posted 05.07.2013 | Business
Brent Budowsky

I agree with George Will about as often as the Boston Red Sox agree with the New York Yankees, but as the law of broken clocks suggests, we must both be right at least twice a day.

Joe Biden Makes Overblown Claim

Posted 09.07.2012 | Business

Joe Biden made a lot of claims about Mitt Romney and the Republican presidential nominee's policies during his fiery speech at the Democratic National...

How Tax Holidays Contributed to the Fall of the Roman Empire

E.J. Fagan | Posted 10.06.2012 | Business
E.J. Fagan

Repatriation holidays create vicious cycles. The first repatriation opens up the door to the possibility of avoiding taxes altogether, creating an expectation.

10 Countries Where Romney's Tax Plan Creates Jobs

The Huffington Post | James Sunshine | Posted 07.18.2012 | Business

Mitt Romney's proposal to stop taxing corporate overseas profits may create jobs, just not here, according to a new report. The Republican preside...

Report: Romney's Tax Plan Would Cost 800,000 Jobs

The Huffington Post | James Sunshine | Posted 07.17.2012 | Business

Mitt Romney's plan not to force companies to pay taxes on profits they bring back from overseas will eliminate jobs, according to a new report by the ...

Apple to U.S.: You Can't Have Our Money!

The Huffington Post | Jillian Berman | Posted 03.19.2012 | Business

Apple has a bone to pick with the U.S. and its tax laws. Apple's CFO Peter Oppenheimer slammed U.S. tax policy on overseas profits as part of a hi...

Multinationals Holding Nearly Half Of Untaxed Profits In The U.S.

Posted 12.15.2011 | Business

Multinational corporations likely have the means to invest the offshore profits in the U.S. without a tax holiday that they're billing as a job creato...

The Best And Worst Ways Government Can Help Create Jobs

The Huffington Post | Harry Bradford | Posted 11.20.2011 | Business

Unemployment might be stuck at crisis levels, but a new government report suggests two commonly proposed Republican remedies would only have minimal e...

Corporate Tax Holiday For Overseas Profits May Hurt Exports

Posted 12.31.2011 | Business

Any economic benefit that might result from a U.S. tax holiday for overseas corporate profits could be muted, or even reversed, if it strengthened the...

Just Say No to Corporate Greed

Marian Wright Edelman | Posted 12.28.2011 | Business
Marian Wright Edelman

One solution being proposed by some of our Congressional leaders is a rehash of an old experiment: a repatriation tax holiday that would temporarily allow U.S.-based companies to bring home profits they currently hold overseas.

GE CEO: 'Our Employees Basically Like Us'

The Huffington Post | Jillian Berman | Posted 12.14.2011 | Business

Jeffrey Immelt, General Electric CEO and President Barack Obama’s job czar, said he wants the American public to root for him and his company -- jus...

Dan Froomkin

Congress Flips Bird To Occupy Wall Street | Dan Froomkin | Posted 12.13.2011 | Politics

WASHINGTON -- Even as protesters fed up with corporate power are occupying Wall Street, Congress is rushing to oblige it. In an iconic example of h...

10 Job Slashers That Benefited From A Tax Holiday

The Huffington Post | Harry Bradford | Posted 12.08.2011 | Business

More money doesn't always mean more jobs. Take when the U.S. government last imposed a tax holiday on offshore profits in 2004. Those companies that b...

Conservative Group Changes Its Tune On Corporate Tax Holiday

Posted 12.04.2011 | Business

The Heritage Foundation, a conservative think tank, has changed its position on giving U.S. companies a tax break on overseas profits. The organiz...

Bill Clinton: Corporate Tax Rate 'Uncompetitive,' Should Be Lowered

The Huffington Post | Alexander Eichler | Posted 09.04.2011 | Business

This post has been corrected. As the deadline to strike a deal on the debt ceiling draws closer, former president Bill Clinton criticized the natio...

U.S. Tech Company Cash, Parked Overseas, Is Unlikely To Come Back

The Huffington Post | Alexander Eichler | Posted 08.27.2011 | Business

At a time when the United States is marred in debate over deficits and debt ceilings, American tech companies are keeping about 70 percent of their ca...

Tax Repatriation: You Can't Turn This Into a Good Idea

Jared Bernstein | Posted 08.23.2011 | Business
Jared Bernstein

The proposed tax repatriation holiday wants us to let multinational corporations who've been "deferring" taxes they owe to the Treasury get a time-limited break to bring them back at a much reduced rate. How could this ever be a good idea?

Matt Sledge

Corporate Tax Holiday Could Create Infrastructure Bank -- But Devil Is In The Details | Matt Sledge | Posted 08.22.2011 | Business

Rahm Emanuel has a proposition. A grand one, for big business, big unions, and Congress: let a corporate income tax holiday pay for a national infrast...