Report: Boehner’s ‘Territorial Tax’ Scheme Would Cost More Jobs
Even as millions of U.S. workers can’t find a job and corporate profits are through the roof, House Speaker John Boehner has proposed a change in the tax system that will shrink the job pool even more. Boehner’s suggestion to exempt U.S corporations from paying taxes on offshore profits would give companies even more incentive to move jobs overseas, according to a new report.
