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Why? 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?
by Veratyr 9y ago
Why? 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."