Tags: Geithner Tax Code Shouldn’t Push Investment Outside US

Geithner: Tax Code Shouldn’t Push Investment Outside US

Wednesday, 12 Jan 2011 01:52 PM

U.S. Treasury Secretary Timothy F. Geithner said today that the tax code shouldn't be pushing investment to other countries.

Geithner, speaking at an event in Washington, said: “We are going to take a look at whether we can find a political support for a reform of the corporate tax code that would lower rates by broadening the base but not lose revenue on net.”

He added: “What we want to do is to make sure that we’re strengthening the relative incentives for investing in the United States versus shifting investment outside the United States. We don’t the tax code creating incentives to shift investment outside the United States.”

© Copyright 2015 Bloomberg News. All rights reserved.

1Like our page
2Share
FinanceNews
U.S. Treasury Secretary Timothy F. Geithner said today that the tax code shouldn't be pushing investment to other countries.Geithner, speaking at an event in Washington, said: We are going to take a look at whether we can find a political support for a reform of the...
Geithner Tax Code Shouldn’t Push Investment Outside US
108
2011-52-12
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved