DB: Corporate Tax Reform Be ‘Significant, Speedy And Simple’ To Maximize Impact

The mantra for the past few years is the dire need for Corporate Tax Reform but the question is not only the method argues one back but the speed A cut in corporate tax and a repatriation holiday for nearly $1.7 trillion held abroad by U.S. companies are among the most awaited decisions from the Trump presidency. The Republican president-elect has pledged a 15% rate, nearly half the current effective rate of 28%. Even a more modest cut can revitalize the U.S. economy but needs to be “significant, speedy and simple” in order to maximize its impact, Deutsche Bank said…