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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 464.71+1.5%Jan 26 4:00 PM EST
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To: Elroy Jetson who wrote (110370)2/2/2015 12:19:04 AM
From: elmatador  Read Replies (1) of 219782
 
Obama will propose raising $238bn by levying a one-off tax on the cash piles held by US companies overseas to repair the US’s crumbling roads and bridges

If this was LATAM people would be saying: the president has gone populist

“This transition tax would mean that companies have to pay US tax right now on the $2tn they already have overseas, rather than being able to delay paying any US tax indefinitely,” a White House official said.

ft.com
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