Reinsurance Tax Debate over HR 3424 Heats Up at Committee Hearing

July 15, 2010

  • July 16, 2010 at 8:22 am
    bammbamm says:
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    The discussions seem to be getting convoluted, but if Berkeley and Degnan are *for* taxation of foreign affiliates, it’s not because they’re “pro USA”. It’s because they don’t like foreign competition. Better yet, they don’t like any competition. So the less competitors, the sooner they can raise their prices.

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