These provisions will affect companies in a small number of countries--there are less than 10 percent of the countries that don't have a tax treaty with us--they will be encouraged to have a relationship to avoid tax avoidance. It will be an opportunity for people who are not paying their fair share now to put some money behind renewing and rebuilding America. It is a good bargain for the taxpayer, it is a good bargain for revitalizing our communities, and I appreciate the committee bringing this bill forward.
Editor's note · Context
Blumenauer discusses tax provisions aimed at encouraging companies to contribute to rebuilding America.
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