14 May Do We Want Special Interest Trade Protectionism in the Tax Code?

President Obama’s FY 2016 budget plan includes a proposal to deny the standard business cost deduction to U.S.-based, foreign-owned companies for reinsurance premiums they pay to foreign reinsurance affiliates. That same proposal is carried over, though never enacted, from President Obama’s budgets for several recent years.

Link to study: Do We Want Special Interest Trade Protectionism in the Tax Code?