Tax bill clears Senate Budget Committee
So the USA 20% corporation tax is looming nearer?The Senate Budget Committee on Tuesday advanced the chamber's GOP tax bill.
The measure was approved by a party-line vote of 12-11, with two key Republicans voting for the measure after previously expressing concerns.
The vote sends the measure to the Senate floor, where the bill could start to be considered as early as Wednesday. Overhauling the tax code is a top priority for Republicans and they are hoping to get legislation to President Trump's desk by Christmas.
I realise its 20%, still higher than our 12% BUT will this still have impact on Ireland and US FDI here?
Or is it all a storm in a teacup .. nothing to see here folks?