Nick Shaxson ■ On using tax holidays to ‘pay for’ stuff
From Jaimie Woo in the Huffington Post:
“A strangely popular proposal would give companies a temporary tax holiday, letting corporations bring back their money on paper, or “repatriate” it at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. The most ridiculous part? Some Members of Congress want to use this tax break that costs money to “pay for” badly needed infrastructure investments. How does that even make sense?“
Our emphasis added. Indeed. A good generic question not just for the United States, the subject of this particular article.
Related articles
🔴Live: UN tax negotiations
Just Transition and Human Rights: Response to the call for input by the Office of the UN High Commissioner for Human Rights
13 January 2025
Tax Justice transformational moments of 2024
The Tax Justice Network’s most read pieces of 2024
Breaking the silos of tax and climate: climate tax policy under the UN Framework Convention on International Tax Cooperation.
Seven principles of good taxation for climate finance
9 December 2024