On the recordDecember 4, 2019
It would move money offshore. It would disproportionately hurt pensions, 401(k)s, and people who are saving for retirement.
Said by
Steven Mnuchin
Source
congress.govIt would move money offshore. It would disproportionately hurt pensions, 401(k)s, and people who are saving for retirement.
Mnuchin explains how the tax could lead to offshore money movement and harm retirement savings.
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