Republicans Press Treasury To Support Tax Reform Allowing Corporations To Offshore More Profits

Republicans Press Treasury To Support Tax Reform Allowing Corporations To Offshore More Profits: pTreasury Secretary Jack Lew appeared Thursday in front of the House Ways and Means Committee to testify about the Obama administration’s budget and corporate tax reform, and Republicans quickly peppered him with questions about the possibility of moving to a “territorial” tax system, favored by both the GOP and corporate lobbying groups, that would exempt [...]/p