Here’s more good news for corporations under Trump’s tax plan: It moves the United States to a territorial system. This means multinational companies will no longer have to pay U.S. taxes on money they claim to have earned abroad, no matter how low the foreign nation’s tax rate.
When that income is brought back to the United States, however, it’ll be taxed between 8 and 15.5 percent. Despite Trump’s “America First” rhetoric, this move will likely incentivize companies to keep their income in foreign tax havens rather than invest domestically.
Pharmacies are good places to find medicine and numerous other practical items. However, some things…
Money is one of the most common sources of stress in the United States. In…
Bad spending habits — most of us have at least a few. In fact,…
You don’t have to spend big bucks to increase your home’s value. In fact, lower-cost…
When I spotted a garage sale sign yesterday, I had to circle the block after…
The expenses that come with buying, renovating and decorating a home can add up, but…