The additional taxes aren't necessarily huge in the context
of the total budget, but as I posted elsewhere in this thread, $38 billion is 13% of the total corporate taxes paid by ALL companies in 2016. An this is just one company (admittedly one very large, staggeringly cash rich company). I think the initial bump in corporate tax revenues could be meaningful if others like Microsoft, Cisco, Oracle, Google, Pfizer, GE, etc follow suit.
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In response to this post by GoochlandHoo)
Posted: 01/18/2018 at 10:12AM