Yesterday, the governor of Puerto Rico announced that his government’s $72 billion of debts are not payable, in advance of $1.92 billion in debt service payments due on Wednesday. This announcement follows over a year...
Corporate Taxes: Winning
Raising taxes on U.S. corporations that do business abroad - as some in Washington, D.C. have suggested - won't protect American jobs. In a global marketplace, companies need to be able to compete wherever their customers are. Successful U.S. companies end up expanding payrolls both at home and abroad.
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