Hillary's new plan & exit tax will ensure companies like Pfizer can’t leave US to avoid paying tax

[riversedge]

More town halls scheduled for Hillary--to listen and learn and talk. Go Hillary-keep up the good work


Hillary's new plan & exit tax will ensure companies like Pfizer can’t leave the US to avoid paying their fair share. http://hrc.io/1NSsPKp




Business News | Mon Dec 7, 2015 11:17am EST

Clinton 'exit tax' to take aim at companies' inversion deals
WASHINGTON | By Amanda Becker



U.S. Democratic presidential candidate Hillary Clinton will announce a planned crackdown on corporations that shift profits overseas, including a new "exit tax" against so-called inversion deals, her campaign said on Monday.

Clinton will call for spending the revenue raised by her proposed tax to boost manufacturing jobs in the United States, the Associated Press reported.

In an inversion deal, a company merges with a corporation in another country to lower its tax bill.

Pfizer Inc last month announced it would buy Allergan Plc in a deal worth $160 billion in part to slash its U.S. tax bill. The purchase -- an example of a huge inversion deal -- would create the world's largest drugmaker and shift Pfizer's headquarters to Ireland.

Clinton said in a statement at the time it would "leave U.S. taxpayers holding the bag."

Clinton, the Democratic front-runner, will discuss her plan to deal with corporations shifting profits overseas at a campaign event in Iowa on Wednesday. On Tuesday, she is slated to discuss boosting manufacturing at another event in New Hampshire.

Read more at Reutershttp://www.reuters.com/article/us-usa-election-clinton-tax-idUSKBN0TQ1MW20151207#9oKrU463BEKz4B0t.99





http://s1.reutersmedia.net/resources/r/?m=02&d=20151207&t=2&i=1100512288&w=644&fh=&fw=&ll=&pl=&sq=&r=LYNXMPEBB60Q0

U.S. Democratic presidential candidate and former Secretary of State Hillary Clinton greets supporters after delivering the keynote address at the Brookings Institution Saban Forum at the Willard Hotel in Washington December 6, 2015. REUTERS/James Lawler Duggan

[JaneyVee]

1. K AND R!

She's actually brought bills to the floor as Senator on this issue. No tax breaks for outsourcers.

[MaggieD]

2. Excellent - More sensible solutions

That's what I love about her.

[Agschmid]

3. Kick!

Can't wait to see her talk about this live today in NH!

[MineralMan]

4. Makes a lot of sense.

[Fearless]

5. Except the 99% of multinational corporations

Already are overseas. None of that money comes back under her plan.

Another half assed idea.

[navarth]

8. I for one am glad to see her adopt Bernie's policies.

If she were elected, I would hope she would back up the talk with action. I wish I could say I trust her to do that.

[SunSeeker]

9. This plan is about stopping INVERSION DEALS. She has more re bringing back business.

https://www.hillaryclinton.com/p/briefing/factsheets/2015/12/07/winning-competition-for-global-manufacturing-jobs/

It is pretty apparent you did not read the OP and just posted to shit on this pro Hillary thread.

[Fearless]

12. The plan doesn't solve the real issue.

[SunSeeker]

6. Great plan. Go Hillary!

[mcar]

7. K&R

[retrowire]

10. It's a good strategy.

That she never would have considered if not for Bernie.

So is it really genuine? Or is it a turd covered in glitter?

Sorry, I actually analyze and read between the lines on people that want the privilege to become my leader.

Carry on.

[Laser102]

11. You go girl!!!