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How the Tax Bill Could Hit Two U.S. Companies, One Domestic, the Other Global

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One company makes all its profits in the U.S. The other makes most of its profits abroad. Both will see their tax rates jump under the changes proposed by Democrats—but for different reasons.

Proposed tax increases on domestic and foreign profits would drive rates up for Agilent and Advance Auto, but in different ways

The Democrats’ plan to pay for President Biden’s $3.5 trillion Build Back Better initiative will need to strike the right balance to appeal to progressives without alienating moderates. WSJ’s Gerald F. Seib discusses with tax policy reporter Richard Rubin. Photo illustration: Todd Johnson

 

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EVERY corporation/company needs to pay a fair share of taxes...period. If they want to do business in the USA, they PAY the USA. If they keep their corporate offices in the USA, they PAY the USA...no circumventing the tax obligation.

Modi from Gujarat, Amit Shah have routine habit that how to spread fake propaganda firstly & than how to executed the crime? like several fake encounter held in Gujarat,every time not useful the same card.this is the illiteracy.crime cann't be hide.

nice

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