Senate Tax Bill Sets Future Traps for Multinationals
Tax increases would kick in if the bill raises the federal deficit.
By Lynnley Browning, Bloomberg|November 22, 2017 at 07:35 AM|Originally published on Treasuryandrisk.Com
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Senate Republicans tucked some multibillion-dollar tax increases for corporations into the 515-page tax bill they released this week—spring-loaded hikes that would begin after 2024 if the economy doesn’t grow as fast as GOP lawmakers have promised.