Century Foundation Releases Report on Finding Common Ground on International Tax Reform
Democrats and Republicans alike agree: the United States' international tax system is broken.
As a result, over $2.5 trillion in profits from U.S. companies are sitting overseas untaxed and underinvested. Reforming America's international tax policies would help create a corporate tax system compatible with the 21st century global economy, according to a new report from TCF's Bernard L. Schwartz Rediscovering Government Initiative.
The report is being launched today at TCF and EPI's co-hosted tax conference featuring Rep. Sandy Levin...