×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Geithner Tax Code Shouldn’t Push Investment Outside US

Geithner: Tax Code Shouldn’t Push Investment Outside US

Wednesday, 12 January 2011 01:52 PM

U.S. Treasury Secretary Timothy F. Geithner said today that the tax code shouldn't be pushing investment to other countries.

Geithner, speaking at an event in Washington, said: “We are going to take a look at whether we can find a political support for a reform of the corporate tax code that would lower rates by broadening the base but not lose revenue on net.”

He added: “What we want to do is to make sure that we’re strengthening the relative incentives for investing in the United States versus shifting investment outside the United States. We don’t the tax code creating incentives to shift investment outside the United States.”

© Copyright 2022 Bloomberg News. All rights reserved.


FinanceNews
U.S. Treasury Secretary Timothy F. Geithner said today that the tax code shouldn't be pushing investment to other countries.Geithner, speaking at an event in Washington, said: We are going to take a look at whether we can find a political support for a reform of the...
Geithner Tax Code Shouldn’t Push Investment Outside US
108
2011-52-12
Wednesday, 12 January 2011 01:52 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved