4 ms·
Please define the specific tax loophole. The "loophole" as far as I can tell is that a company can choose not to repatriate their earnings, which is completely
by __blockcipher__ 9y ago
Please define the specific tax loophole.
The "loophole" as far as I can tell is that a company can choose not to repatriate their earnings, which is completely legal.
- Frondo 9y agoYou were saying "make it de facto illegal to operate a multinational" and that is not on the table and has never been anywhere close to it. Are you walking that back, and want to talk about loopholes now?
- __blockcipher__ 9y agoI consider forced repatriation to be a no-go. Others probably disagree with me, maybe even Tim Cook himself. IMO if you force companies to do something like that with their capital, then they won't incorporate in the US. I do want to talk about loopholes. How do we close the "repatriation loophole"?