Jonathan Samford, President and CEO of the Global Business Alliance, and Kevin Klein, Senior VP of Government Affairs at the same organization, dive into the complexities of the proposed international tax provisions of the reconciliation bill. They examine the contentious Section 899 retaliatory tax, potential impacts on job creation, and the alarming implications for international businesses. Their discussion highlights the stark differences between the House and Senate's approaches, emphasizing concerns over U.S. competitiveness and the financial burden on taxpayers.
