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UN: US Tax Overhaul May Drain $2 Trillion From Foreign Projects

U.S. President Donald Trump's tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said Monday. Ending the incentive to hoard cash overseas could produce a stimulus effect in the United States, and Trump has credited the tax reform with spurring a $350 billion investment plan by Apple. "Now is the perfect time to bring your business, your jobs, and your investments to the United States of...

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