The tax plan introduced today is a blueprint for increased inequality. There is no doubt that the biggest winners in our global economy are those at the top, and this proposal will skew that even further. Every year corporate tax dodging costs Americans approximately $135 billion. The same tricks, schemes, and offshore tax havens sap an estimated $100 billion from poor countries – revenue that should go towards building schools, bridges and hospitals. The plans released today do nothing to solve these problems.
Worse yet, the ideas offered today perversely reward the very companies that dodge the most taxes. This plan will incentivize further use of offshore tax havens that harm America and poor countries alike. Huge tax cuts for the wealthy and big corporations will have to be paid for by cuts in anti-poverty programs at a time when need for global engagement and solutions to inequality is only growing. If anything the plans will incentivize companies to offshore more jobs and profits
— source oxfam.org.nz 2017-10-01