Clinton Administration's Proposal To Increase Taxes For Multinational Corporations
Beginning of paper
Clinton Administration's Proposal to Increase Taxes for Multinational
My topic is the increase if the taxes which Clinton Administration is
planning. This increase in taxes will target "multinational Corporations, end
the favored tax treatment of extra long term bonds", It will also raise capital
g ....
Middle of paper
.... of 7.9 Billion in corporate taxes over the next 5 years.
This withdraws a lot of money from the economy and may thus decrease
demand for goods, as people have less money to spend. The multinationals would
employ many people and with and increase in their cost (tax is a type of cost)
they would be forced to decrease the average amount of wages which the their
employees received. This may take the form of decreased raises, or the laying
off of some people. This would thus decrease aggregate d ....
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Word count: 602
Page count: 3 (approximately 250 words per page)
