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Clinton Administration's Proposal To Increase Taxes For Multinational Corporations
Beginning of essay
Clinton Administration's Proposal to Increase Taxes for Multinational
My topic is the increase if the taxes which Clinton Administration is
planning. This increase in taxes will target "multinational Corporations, end
the favored tax treatment of extra long term bonds", It will also raise capital
g ....
Middle of essay
....ld help the economy of other
countries as those multinationals would move there. Thus the supply of goods
demanded in the US would decrease. This decrease in economic activity (due to
the reduction of the money supply and the wages of the people) would cause the
economy to slow down and may plunge the country further into recession. These
companies may also provide goods for the US and would thus decrement the supply
of goods in America.
The multinationals produce goods in the US to export into.... |
| Number of words: 602 |
Approximate pages: 3 |
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