Corporations go overseas to avoid U.S. taxes

Season 2017

Corporations go overseas to avoid U.S. taxes

On Wednesday, the Trump administration announced a portion of its tax plan, including a cut in the corporate tax rate from 35 percent to a 15 percent. The plan aims to bring revenue back into the country from U.S. companies holding it overseas in order to avoid paying taxes. Newshour Weekend Special Correspondent Patricia Sabga reports.

AIR DATE 4/29/17

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