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maybe they should repatriate it and pay their damn taxes.
by lucretian 9y ago
maybe they should repatriate it and pay their damn taxes.
- Veratyr 9y agoWhy? Why should they pay US tax on money earned abroad? They've paid tax to the local government where sales were made, why does the US get a cut too?
- B1FF_PSUVM 9y agoEnforcement. Getting billions out of intellectual property works better if you have a couple dozen aircraft carriers, etc. to back up the diplomats and trade treaties. "You can get much farther with a kind word and a gun than you can with a kind word alone."
- ec109685 9y agoWhy shouldn’t they? Google pays sales tax here too and yet have a corporate income tax given they are based in the US.
- Veratyr 9y agoMy point is why are they subject to a corporate income tax on income earned and already taxed abroad? The US government hasn't supported that income.
- skj 9y agoWithout arguing for or against repatriation taxes, I don't think it is true that "The US government hasn't supported that income."