Unfortunately, this only pertains to corporations and doesn’t help us one iota. However, Camp seems to understand the necessity and the logic of why the shift from international to territorial-based taxation is what the US needs in terms of business. Why not citizens as well?
My question is, what could we propose in order to be considered for the same system? What do we have to offer that they would consider seriously enough to switch? Are we of any value to the country or are we just something to tax and label as rich, lazy cheats?
http://waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=266168
excerpts:
