Gary Cohn Says Fed Should Be Done Raising Rates
Masters in Business
Tax Policy Transformations: Repatriation and Impact
This chapter explores the significant changes in U.S. tax policy following the Tax Cuts and Jobs Act (TCJA), particularly its effects on companies holding money overseas. It discusses how these changes aimed to motivate repatriation of profits and reduce tax burdens, while addressing the complexities related to LLCs, taxable income, and the SALT deduction. The chapter evaluates the legislation's impact on domestic investment, job creation, and overall revenue while acknowledging ongoing debates about its effectiveness.
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