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Reply #10: The more I read Clinton's Territorial Tax isn't any better [View All]

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FreakinDJ

(1000+ posts) Send PM | Profile | Ignore

Wed Jul-27-11 01:42 PM
Response to Reply #7

10. The more I read Clinton's Territorial Tax isn't any better

and now Norquist is promoting it as a means to further reduce Corporate Taxes.

I'm beginning to see a lot of logic in the EU approach of VAT, which Bill Clinton was promoting before he left office. A hybrid Territorial Corp Vat Tax designed at levels consistent with the current effective tax rate of 25% and closes the loopholes that promote outsourcing American Jobs

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