advanced taxation.
According to the Feb. 4, 2015 article; Corporate Tax Reform: Focusing on Where the Money Is, Not Where the Jobs Are by David Leonhardt; corporate tax avoidance schemes are not about the location of jobs. The decisions are more focused shifting income producing assets to tax haven countries like Bermuda as Google has done. The current administration is focused on getting more revenue from the companies that now keep jobs at home and ship their intangible property overseas. Please read the article in the link below and discuss the advantages and disadvantages on taxing worldwide income of corporations immediately at a reduced rate versus waiting until the profits are returned to the U. S.
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