2 ms·
Doesn't matter. If companies can afford to wait (and they can), Congress will eventually be seduced by the prospect of billions in free tax money. When Congre
by gozur88 11y ago
Doesn't matter. If companies can afford to wait (and they can), Congress will eventually be seduced by the prospect of billions in free tax money. When Congress finally does it they can pay off all their interest groups without raising taxes. Nobody has to be paid off.
As time goes on, that pot of money gets bigger and bigger. The more people expect a tax amnesty, the more companies will just leave the money where it is instead of repatriating and paying taxes at the current rate, which just sweetens the pot even more.
Also, the president isn't any less beholden to donors. Do you think Obama would stand in the way of something Goldman Sachs (#3 donor) wanted? I don't.