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: Rand Paul
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”
IRES MLS: Come Home to Colorado 