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> The top wealthiest companies in the U.S. will shove money into offshore bank accounts and refuse to spend it on the U.S. "Shove money into offshore bank acc
by KMag 5y ago
> The top wealthiest companies in the U.S. will shove money into offshore bank accounts and refuse to spend it on the U.S.
"Shove money into offshore bank accounts" makes it sound like they're moving money from inside the U.S. to offshore in order to hide it. I don't think they're exporting money from the U.S. As I understand it, they're stockpiling foreign-earned money outside the U.S. and not importing it.