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Why Wealthy People Pay Less Taxes Legally

Valuetainment

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What Are the Impacts of the Two Thousand 17 Act?

Before two thousand 17, we had these corporate inversions. This is where a apple, for example, they did this, right? They they have a small company in ireland, which has a 12 % tax ratea basy acquires apple. And now we have a we have all these earnings that are in outside of the us. Well, so let's have you push you get rid of those rules. A bins talking about a 28 % tax rate, not a 13 half% tax rate. Without a minimum tax, what do yong to do? You're just going to go back to this corporate inversion,. people just, they'll just leave the money off shore.

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