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"Another way is to simply lower the corporate tax rate, which would have the additional benefit of repatriating tons of money that is sitting offshore because o
by cmdrfred 10y ago
"Another way is to simply lower the corporate tax rate, which would have the additional benefit of repatriating tons of money that is sitting offshore because of American tax rates."
That worked so well the first time.
http://www.wsj.com/articles/SB10001424052970203633104576623771022129888 http://www.wsj.com/articles/SB100014240529702036331045766237...
- WalterBright 10y agoA one time tax break does not change the fundamental incentive structure, as building a significant business operation is a long term investment.
- cmdrfred 10y agoCorporate cash reserves are at record highs currently [1], wouldn't a tax break on the demand side likely have a greater impact on velocity of capitol as it would likely be spent rather than remaining static? [1]http://www.forbes.com/sites/laurengensler/2015/05/08/u-s-companies-cash-pile-hits-1-73t/ http://www.forbes.com/sites/laurengensler/2015/05/08/u-s-com...