Gary Hufbauer
Gary Hufbauer, Reginald Jones Senior Fellow since 1992, was formerly the Maurice Greenberg Chair and Director of Studies at the Council on Foreign Relations (1996–98), the Marcus Wallenberg Professor of International Finance Diplomacy at Georgetown University (1985–92), senior fellow at the Institute (1981–85), deputy director of the International Law Institute at Georgetown University (1979–81); deputy assistant secretary for international trade and investment policy of the US Treasury (1977–79); and director of the international tax staff at the Treasury (1974–76).
Recent Events and Presentations
Stimulus and Investment Effects of Temporary Reduced Taxes on Repatriation
Under current tax law, U.S. companies can defer the U.S. tax on the profits earned by their foreign-based subsidiaries until they transfer those profits back to the parent company here in the United States. In their new report, Robert Shapiro and Aparna Mathur analyze the impact of temporarily reducing the U.S. tax on repatriated profits on U.S. jobs, capital investment, and the financial squeeze.