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[Finance] Worst fears of corporate tax cut opponents showing signs of coming true2017-12-27 15:56:20Hit:246

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Written in Dec 27, 2017

Trump’s tax policy is similar to that of Reagan’s government, and the debate over its legitimacy has not yet been resolved.

In the article, Republicans want to let companies bring back $2.5 trillion of overseas cash at a reduced rate.
However, These tax policies may not really help any economic growth and will continue to frighten the public unless this is resolved. Some critics are worried that savings from these tax policies will simply go back to share buybacks and dividends, which can be seen in 2004 as well.
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Contact : Kim, Jihye ( jaimekim@business.kaist.ac.kr )
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