11/06/2017: Tax avoidance is OK, evasion is not
Tax havens aren't all white sand and palm trees — Montana and Wyoming offer the same kind of anonymity for shell companies. And there are important distinctions between illegal activity and tax avoidance. Speaking of taxes, we dig a little deeper into the new tax bill, looking at the impact of removing alimony deductions and discussing just how pro-growth it is with Neil Bradley, senior vice president and chief policy officer at the U.S. Chamber of Commerce. Plus, a fact check on President Donald Trump's statement that arms sales are job creation and a look at the day-to-day life of Puerto Ricans who had to leave the island because of power outages and food shortages.
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Tax havens aren’t all white sand and palm trees — Montana and Wyoming offer the same kind of anonymity for shell companies. And there are important distinctions between illegal activity and tax avoidance. Speaking of taxes, we dig a little deeper into the new tax bill, looking at the impact of removing alimony deductions and discussing just how pro-growth it is with Neil Bradley, senior vice president and chief policy officer at the U.S. Chamber of Commerce. Plus, a fact check on President Donald Trump’s statement that arms sales are job creation and a look at the day-to-day life of Puerto Ricans who had to leave the island because of power outages and food shortages.
