4 ms·
> It's so incredibly obvious that the best course of action is to let all these companies bring home all those foreign revenues so long as a significant portion
by cowsandmilk 10y ago
> It's so incredibly obvious that the best course of action is to let all these companies bring home all those foreign revenues so long as a significant portion of it is reinvested
It is very easy to bring back foreign revenue and spend it in the US. The issue companies have is that they already are making a profit in the US. They would spend down their US profit first.
If your company is losing $1B/year in the US, you can use that to repatriate $1B already.
- malandrew 10y agoWe should be encouraging the reinvestment of both profit abroad and domestic profit back in the United States. It doesn't need to be an either/or proposition.