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The US Corporate Tax Isn't That Weird

from The New York Times

We wouldn't want to follow North Korea's lead on tax policy. But what about South Korea? In a speech given in New Hampshire, Chris Christie, New Jersey's governor and a possible presidential candidate, used a comparison to North Korea to attack the United States' system of worldwide corporate taxation. The federal government subjects American companies to American taxes (at least in theory) on their entire global profits. more


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