The Conservative Cave
Current Events => Economics => Topic started by: HAPPY2BME on February 07, 2017, 12:32:19 AM
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Boeing could see break of nearly $60 billion while selling planes to terror state
Company Doing Business With Iran Set to Get Billions in Tax Breaks
A major airline company currently engaged in business with Iran, the leading state sponsor of terrorism, stands to receive billions in tax breaks under a new plan being floated by a large coalition of Republican lawmakers.
A new tax plan spearheaded by House Republicans includes a provision that would remove government fees on exports, meaning that Boeing—which is locked in a multi-billion dollar deal to sell the Islamic Republic planes—could receive $56.7 billion in tax breaks from the U.S. taxpayer.
Boeing is currently lobbying in favor of the revamped tax plan, along with other multinational corporations.
http://freebeacon.com/national-security/company-business-iran-set-get-billions-tax-breaks/