Senator Cory Gardner is co-sponsoring legislation to tax up to $2 trillion in corporate revenue that is currently stored in foreign banks to pay for domestic infrastructure projects. S. 981, the Invest in Transportation Act of 2015 sponsored by Sens. Rand Paul (R-Ky.) and Barbara Boxer (D-Calif.) would offer companies a 6.5 percent tax rateContinue reading “Colo. Senator Cosponsors Repatriation Bill”
Tag Archives: Barbara Boxer
Repatriation Highway Funding Bill Finally Introduced
Senators Rand Paul (R-KY) and Barbara Boxer (D-CA) introduced S. 981, the Invest in Transportation Act of 2015, which would tax up to $2 trillion in corporate revenue currently stored abroad to pay for domestic infrastructure projects. Specifically, the legislation would offer companies a rate of 6.5-percent for voluntarily repatriating their offshore cash to theContinue reading “Repatriation Highway Funding Bill Finally Introduced”
Unlikely Duo Introduces Transportation Bill
Sens. Rand Paul (R-Ky.) and Barbara Boxer (D-Calif.) are introducing a transportation funding bill they say could bring back up to $2 trillion in corporate tax revenue currently in foreign banks to help pay for U.S. infrastructure projects. They said the measure would also extend federal transportation programs that are currently scheduled to expire inContinue reading “Unlikely Duo Introduces Transportation Bill”
Houses Passes Short-term Extension of Highway Trust Fund
The House easily passed a ten-month Highway Trust Fund patch yesterday on a lopsided vote, and with just over two weeks until DOT has to cut payments to states, the fate of fund now lies with the Senate. Across the Capitol, just hours before the House voted 367-55 for the bill, Senate Majority Leader HarryContinue reading “Houses Passes Short-term Extension of Highway Trust Fund”
Real Estate and the State of the Union
NAR has offered its analysis recently regarding President Obama’s State of the Union speech and what it means for the real estate industry. First and foremost the President argued that the federal government should streamline rules that are making home purchases and mortgage refinances difficult for creditworthy households. He also urged Congress to tackle taxContinue reading “Real Estate and the State of the Union”
IRES MLS: Come Home to Colorado 