"…not only is the corporate tax rate on overseas profits just half the normal rate (10.5% versus 21%)" Never mind that the US is one of what two? countries tha

"…not only is the corporate tax rate on overseas profits just half the normal rate (10.5% versus 21%)" Never mind that the US is one of what two? countries that tries to tax their companies sales (and citizen income) based on activity abroad? Say what you will about more progressive income tax policy, capital gains, or tech companies dodging due to the nature of software, but the US has had the highest effective corporate tax rates in the world and was definitely driving offshoring. A corporate tax rate of 0% is very much an increasingly non-fringe goal as opposed to raising revenue through other means. It's a testament to the US laws and business health it has as many companies remaining despite the tax disadvantage.