{"id":236,"date":"2015-07-08T21:53:00","date_gmt":"2015-07-08T21:53:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/2015\/07\/08\/fund-transportation-by-taxing-business-income-kept-in-foreign-lands\/"},"modified":"2015-07-08T21:53:00","modified_gmt":"2015-07-08T21:53:00","slug":"fund-transportation-by-taxing-business-income-kept-in-foreign-lands","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/fund-transportation-by-taxing-business-income-kept-in-foreign-lands\/","title":{"rendered":"Fund Transportation by Taxing Business Income Kept in Foreign Lands"},"content":{"rendered":"<p>Trying to find a solution for transportation funding, bipartisan U.S. Senators seek to tax foreign assets.<\/p>\n<p>&#8220;Sen. Charles Schumer (D., N.Y.) and Rob Portman (R., Ohio), co-chairmen of a Senate Finance Committee working group on overhauling the international tax system, would impose a one-time tax on profits that multinational companies have stashed overseas at a rate lower than the current 35% U.S. corporate tax rate, according to a summary of its major provisions.&#8221;<\/p>\n<p><a href=\"http:\/\/www.wsj.com\/articles\/senators-pitch-tax-changes-on-overseas-profits-to-fund-highways-1436365801\">WallStreet Journal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trying to find a solution for transportation funding, bipartisan U.S. Senators seek to tax foreign assets.<\/p>\n<p>&#8220;Sen. Charles Schumer (D., N.Y.) and Rob Portman (R., Ohio), co-chairmen of a Senate Finance Committee working group on overhauling the international tax system, would impose a one-time tax on profits that multinational companies have stashed overseas at a rate lower than the current 35% U.S. corporate tax rate, according to a summary of its major provisions.&#8221;<\/p>\n<p><a href=\"http:\/\/www.wsj.com\/articles\/senators-pitch-tax-changes-on-overseas-profits-to-fund-highways-1436365801\">WallStreet Journal<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,10,5],"tags":[],"class_list":["post-236","post","type-post","status-publish","format-standard","hentry","category-funding","category-legislative-trend","category-roads","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=236"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/236\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}