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President's Legislative Proposals

Volume 2 No 9   /   Read Article

By Philip R. Hirschfeld, Elizabeth V. Zanet, and Rusudan Shervashidze

In late September, the Obama Administration released the tax revisions that are part of its Fiscal Year 2016 Budget Proposal (the Proposal). These changes are designed to provide deficit reduction measures through additional revenue increases and spending cuts. We explain the new twists to seasoned proposals. If enacted, the changes described in the Proposal could influence global patterns of investment and employment by U.S. multinationals.  See more →