SB 104-06: Global Corporate Taxation Act (Passed) (user search)
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  SB 104-06: Global Corporate Taxation Act (Passed) (search mode)
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Author Topic: SB 104-06: Global Corporate Taxation Act (Passed)  (Read 1972 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
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« on: July 15, 2021, 08:12:33 PM »
My disdain for international business is well known but I would be interested in knowing the basis for the exceptions for finance as such? Extractives makes sense on the surface since the location of the resources dictates where you go to a substantial extent, but finance is less obvious and I would be keen to know the answer. Is it concerns about restricting the flow of capital and the detrimental effects that might have economically?
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Southern Senator North Carolina Yankee
North Carolina Yankee
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Atlas Institution
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Posts: 54,118
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« Reply #1 on: July 16, 2021, 10:41:58 PM »
The President is free to have his opinion, but last I heck we had separate co-equal branches of government and while he is free to state his opinion, the Senators are free to disagree on what should require such feedback.

I would also point out that we have the ability to do estimates ourselves as I previously posted in the other thread.
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Southern Senator North Carolina Yankee
North Carolina Yankee
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Atlas Institution
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Posts: 54,118
United States


« Reply #2 on: July 28, 2021, 10:47:45 AM »
Aye ftr
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