Kchoo
At Peace.
Our current uncompetitive corporate tax rate encourages U.S. firms to keep profits offshore. In 2016, a Federal corporate tax rate of 20 percent could have brought more than $140 billion in corporate profits back to America, according to an analysis by the Council of Economic Advisers. Those profits could have helped boost the incomes of U.S. households. President Donald J. Trump is committed to investing in American jobs and the Unified Framework for Fixing Our Broken Tax Code will end the “offshoring model” as companies will bring profits back and invest in American workers.