Reported 3 days ago
Senate Republicans are set to review a controversial 'revenge' tax included in President Trump's fiscal package, which could raise rates for individuals and companies from countries with deemed 'discriminatory' tax policies. Analysts warn this measure might deter foreign investment in the US, already shaken by Trump's trade policies. Senate Majority Leader John Thune emphasized the need for growth-oriented policies, as the Senate plans to revise the bill for clearer support in the House.
Source: YAHOO