Detailed text transcripts for TV channel - MSNBC - 20170226:21:43:00
And might see an 8% tax rate to bring that money home. some of which would be used towards an infrastructure bank to leverage infrastructure. >> money abroad? >> a lot of technology companies. in fact, a handful of companies have that cash held overseas at zero income tax. there's a funny thing. the effective rate for a lot of corporations is well below that. some will argue that our corporations pay the highest in the world. they don't necessarily pay it even though that rate is at 35%, through deductions and other accounting activity. the effective rate is far lower. >> border tax is importa...
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