Quote:
Originally posted by HarmlessRabbit
You're ignoring the fact that a double tax doesn't exist. The corporation isn't paying tax to both Taiwan and the USA.
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You seem to have misinterpreted my words again.
Please re-read my example above, that begins with "under current law." In that example, which shows how things work
under current law, there is no double tax. That is exactly the point I was trying to illustrate. The second example then shows what would happen under Kerry's proposal to create a double tax.