By Joe Nocera
“Even before the Republican tax bill was signed, companies were lining up to take advantage of one of its key provisions: the new, lower rate designed to lure profits earned abroad back to the U.S. With the corporate tax rate dropping from 35 percent to 21 percent, U.S. companies will get an even sweeter deal if they bring home some of the $2.7 trillion in profits they’ve been sheltering abroad to avoid paying U.S. taxes.”…
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