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Take the spirit of my comment and exercise the principle of charity: https://en.wikipedia.org/wiki/Principle_of_charity https://en.wikipedia.org/wiki/Principle
by malandrew 10y ago
Take the spirit of my comment and exercise the principle of charity:
https://en.wikipedia.org/wiki/Principle_of_charity https://en.wikipedia.org/wiki/Principle_of_charity
I already suggested that we attach restrictions on what constitutes a valid reinvestment in the US. If you considered the spirit of my comment, it should be obvious that I would support restrictions that would prohibit the loophole you suggested.
Maybe we can even make it so the money can only be brought home piecemeal, one investment at a time, with each investment going through a process that demonstrates that the overwhelming majority of each repatriated tax dollar is going to benefit the US economy.