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Not really. They did the same thing in 2004, and it didn't do much of anything. And if we keep doing this every time big businesses push for it, they're only go
by georgefox 15y ago
Not really. They did the same thing in 2004, and it didn't do much of anything. And if we keep doing this every time big businesses push for it, they're only going to bring money back during predictable tax holidays.
See http://www.washingtonpost.com/blogs/ezra-klein/post/the-worst-tax-cut-in-washington/2011/05/19/AGPE1xcH_blog.html http://www.washingtonpost.com/blogs/ezra-klein/post/the-wors....
- nl 15y agoYes, I did read the article, and I do understand the money mostly went straight into shareholder pockets. I don't have a great solution for that, but I would note: (a) The money is at least in the US, and (b) any dividend payments are (should be?) taxable.