Obama’s Proposed Minimum Tax on Foreign Earnings [Huffington Post]

In the State of the Union, President Obama suggested that the foreign earnings of U.S. corporations should be subject to a “minimum tax” to prevent corporations from shifting earnings to tax havens. The White House hasĀ promised to release the detailsabout the level and operation of such a minimum tax in the next few weeks.

Read the rest at the Huffington Post

Bob Pozen is a Senior Lecturer at Harvard Business School and a Senior Fellow at the Brookings Institution. His latest book, Extreme Productivity, is now available at your favorite local or online bookstore.

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