4 ms·
So, if this is the "carrot" to get corporations to repatriate this wealth, (ignoring business as usual), what would the "stick" look like? Maybe a small, token
by jeffool 15y ago
So, if this is the "carrot" to get corporations to repatriate this wealth, (ignoring business as usual), what would the "stick" look like?
Maybe a small, token increase? Or some method of increasing the tax rate dependant upon the length of time between the date the money was earned versus payed out as dividends? Surely stockholders wouldn't let companies sit on cash (that would eventually come back here anyway) if that were the case.
You wouldn't even have to be successful, just make a boisterous push to ram THAT through Congress. See how quickly these same companies try to get their assets here under the current tax law.