Lessons from Argentina: Tax Holidays

The Wall Street Journal reported yesterday on the latest plan to shore up our country’s finances and jumpstart the economy: A new tax-repatriation holiday. The holiday would involve drastically lowering taxes on corporate profits for companies that choose to bring assets back into this country. (It’s common practice for big companies to store most of their cash in tax havens in order to avoid paying the 35 percent corporate profit tax

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Lessons from Argentina: Tax Holidays