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What moral argument can you make that money earned overseas by a multinational corporation intrinsically belongs in the U.S.? You can make that argument on the
by nihonde 11y ago
What moral argument can you make that money earned overseas by a multinational corporation intrinsically belongs in the U.S.? You can make that argument on the basis of nationalism—not morality.
- johnchristopher 11y agoSomehow in this thread we went from money earned inside the US being hidden away to money earned outside the US being taxed by the US.
- nihonde 11y agoThe original post used Apple and Google as examples. I'm not aware of any scenario in which those companies move U.S. revenues offshore to shield them from taxes. If I'm not mistaken, Tim Cook is on record that Apple only shields foreign-earned income from the IRS.