This episode discusses the impact of foreign and domestic effective tax rates on US employment. Key topics include tax policy implications and worker outcomes.
The conversation highlights how lowering foreign effective tax rates compared to domestic rates negatively affects US workers. The discussion emphasizes that such policies can lead to reduced employment opportunities in the US.
Furthermore, the episode suggests that policies aimed at reducing the gap between foreign and domestic effective tax rates could benefit US workers. This perspective is crucial for understanding the broader implications of tax policy on employment.
Lowering foreign tax rates harms US workers and employment.
Policies that aim to lower this gap are likely good for us workers.Lowering foreign tax rates yields fewer local jobs, explains Wharton professor Dan Garrett.
