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Editorial: Tax reforms will hurt innovation, kill golden opportunity to improve infrastructure

President Trump and Republicans in Congress cannot seriously believe allowing U.S. companies to bring home hundreds of billions of dollars stashed abroad at a one-time low tax rate with no strings attached will create substantially more jobs in the United States.

They’re using this fiction to build support for the reforms. But it’s been tried before, and guess what? It didn’t work.

Without attaching some form of conditions — the idea of requiring job creation has been floated in the past — the break just gives more money to shareholders and executive bonuses.

By MERCURY NEWS & EAST BAY TIMES EDITORIAL BOARDS

Editorial: Tax reforms will hurt innovation, kill golden opportunity to improve infrastructure

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