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Humorous how the article recommends the US can take the suggested 5% repatriating tax revenue and use it to give a tax break. So the net repatriating tax revenu
by ansy 15y ago
Humorous how the article recommends the US can take the suggested 5% repatriating tax revenue and use it to give a tax break. So the net repatriating tax revenue to the US government would be 0%? Ah, WSJ.
On the other hand dropping the tax would encourage even more overseas shenanigans, which I guess is burning Microsoft (and presumably Oracle and Cisco) for not thinking ahead, forcing them to pass on valuable domestic investments and overpay for less valuable overseas investments.