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Job Creation and the Taxation of Foreign-Source Income

Worldwide taxation places U.S. companies at a competitivedisadvantage abroad, reducing their share of the global market andthe degree to which they can benefit by operating in low-taxjurisdictions. Territorial taxation is good tax policy, andreducing the tax burden on foreign-source income is a simple stepin this direction that would result in more jobs, better jobs, andimproved competitiveness of U.S. companies.
United States Hong Kong Danielj Mitchell Organization For Economic Heritage Foundation Thomasa Roe Institute For Economic Policy

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