Connect with us


The new international tax deal is bad news for American taxpayers




Under intense pressure from Washington, a newly formed group of 136 nations agreed on new rules for taxing international companies.

< position="top" progressive="" ad-id="article-0-top"/>

This segment i What is ahead explains why this is a bad deal for the US and should be deleted by Congress.

The administration hopes to sell a bill of goods to reluctant senators: Other countries are raising corporate taxes, and so are we. This is unlikely to work; if Biden’s rise goes into effect, only Portugal and Colombia will have higher tax rates than the US

His other argument is more vicious. In short, the administration now wants to change the way companies calculate their tax liabilities on international profits. Combined with the newly negotiated global tax regime, US companies could be hit hard with higher taxes. The White House’s message to them: Go along with our proposed increase that is now before Congress and you will avoid this hurdle.

Congress ‘s response should be no to Biden’ s rise and no to this new global agreement.

Follow me Tweet. Send me a safe tip.

Steve Forbes is the Chairman and Editor-in-Chief of Forbes Media. Steve’s latest project is the Whats Ahead podcast, where he engages the world’s leading publishers,

Steve Forbes is the Chairman and Editor-in-Chief of Forbes Media. Steve’s latest project is the Whats Ahead podcast, where he engages the world’s leading business, economics and pioneer publishers, politicians and pioneers in candid conversations aimed at challenging traditional conventions, as well as displaying Steve’s views on the intersection of society and the economy. and politics. Steve helped create the recently released and highly acclaimed public television documentary, In the money we trust?, which was produced under the auspices of Maryland Public Television. The film was inspired by the book he co-authored, Money: How does the collapse of the dollar threaten the global economy and what can we do about it?

Steve’s latest book is Reviving America: How Obamacare Abolition, Tax Code Replacement, and Fed Reform Will Restore Hope and Prosperity co-authored by Elizabeth Ames (McGraw-Hill Professional). Steve writes editorials for every Forbes issue under the heading Fact and Comment. A widely respected economic forecaster, he is the only writer to have won the prestigious Crystal Owl award four times. The award was previously given by the US Steel Corporation to the financial journalist, whose economic forecasts for next year turned out to be more accurate. In both 1996 and 2000, Steve campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new social security system for working Americans, the choice of school parents for their children, term limits, and a strong national defense. Steve continues to vigorously promote this agenda.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]