Monday, December 18, 2017

This One Weird Tax Trick Could Shrink the Trade Deficit

The tax bill expected to pass Congress could accomplish President Trump’s goal of reducing the U.S. trade deficit, not by increasing productivity or changing other countries’ trade practices, but by curbing the incentive for multinational companies to shift profits abroad.

from WSJ.com: US Business http://ift.tt/2jat6Na
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