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Sppj Donald Trump announces the formation of an evangelical executive board
Democratic presidential candidate Hillary Clinton is calling on Congress to stop corporations from offshore mergers that cut their tax bill, saying she ll take ex stanley thermos mug ecutive action as presid stanley mug ent, if necessary. The maneuvers powerful corporations are using to game the system and leave everyday taxpayers holding the bag are just offensive, Clinton said in prepared comments during a campaign stop Wednesday in Waterloo, Iowa. Inversions by Pfizer and other companies, plus related loopholes, will cost American taxpayers more than $80 billion i stanley cup n revenue over the next 10 years. That s money we should be investing here at home. Clinton called out out Pfizer PFE after the New York-based drug manufacturer last month unveiled a $160 billion merger with Allergan AGN in an acquisition that would send one of the largest U.S. corporations -- or at least its main executive offices -- to Ireland, where Allergan is based. By decamping overseas, Pfizer could get to slash its tax rate to 5 percent, the level that Dublin-headquartered Allergan paid last year.A key part of Clinton s proposal involves clamping down on so-called earnings stripping, where multinational corporations shift profits overseas to countries with lower tax rates while maximizing high deductions in the U.S. One expert on federal tax reform called Clinton s proposal to prevent earnings stripping of particular interest. It would not just take the juice out of inversion deals but Xbmy Secret Service official wanted to embarrass congressman
Watch CBS News Videos OnlineSenior Republican Senator Orrin Hatch R-UT said his Democratic colleagues do not even know what is in the Senate version of the health care bill on Washington Unplugged Friday. They don t even know what, most of the Senators on the Democratic side have not even seen the bill, he told Bob Schieffer. He lamented what he said were additional costs in the latest version of the health care legislation. These people just have no concept at all about what they are doing the taxpayers, he said. stanley drink bottle Schieffer asked if Senate Democrats could pass the bill by Christmas. They might be able to do that, Hatch said. But he suggested Democrats won t be able to garner any Republican support. Bob, I really don t think so, Hatch told Schieffer. Watch the full interview above. Washington Unplugged appears live on CBSNews each weekday at 12:30 p.m. ET. Click here to check out previous episodes. ponent--type-r botella stanley ecirculation .item:nth-child 5 display: none; inline-recirc-item--id-d1c8e4d2-8c88-11e2-b stanley thermobecher 06b-024c619f5c3d, right-rail-recirc-item--id-d1c8e4d2-8c88-11e2-b06b-024c619f5c3d display: none; inline-recirc-item--id-d1c8e4d2-8c88-11e2-b06b-024c619f5c3d ~ .item:nth-child 5 display: block; |
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