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Marc Gerson Quoted on Foreign Tax Earnings, Tax Reform in Los Angeles Times

Subtitle
"Businesses Aren't Spending. Can Tax Reform Change That?”

Los Angeles Times

Marc Gerson was quoted regarding the impact President Trump's tax reform plan may have on businesses with foreign earnings. Eliminating U.S. taxes on foreign earnings would provide a boost to spending by removing the tax incentive for keeping money offshore, Gerson said. "It drastically increases the competitiveness of U.S. business on a global basis and I think that necessarily leads to greater economic activity and job creation in the U.S." 

Mr. Gerson's comments were also included in the Chicago Tribune