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Clinton Administration's Proposal To Increase Taxes For Multinational
Essay specific features
Written by:
Richard T
Date added:
October 18, 2015
Level:
University
Grade:
B
No of pages / words:
3 / 598
Was viewed:
1388 times
Rating of current essay:
Essay content:
What this will do is increase the taxes for the
rich and will decrease the difference between the rich and the poor. The plan is
intent on cutting the middle class tax and finance higher education (yeah right).
The current tax law decreases the Federal Treasury Revenue and makes the economy
less efficient or less competitive...
displayed 300 characters
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Thus they could export
to a country with low taxes and thus pay less taxes. This change would bring an
increase of 7.9 Billion in corporate taxes over the next 5 years.
This withdraws a lot of money from the economy and may thus decrease
demand for goods, as people have less money to spend. The multinationals would
employ many people and with and increase in their cost (tax is a type of cost)
they would be forced to decrease the average amount of wages which the their
employees received...
displayed 300 characters
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