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A red herring, I feel. If tax had been paid properly as you suggest then they could hold it in jurisdictions where it was generated, such as the UK. Instead it
by mpclark 14y ago
A red herring, I feel. If tax had been paid properly as you suggest then they could hold it in jurisdictions where it was generated, such as the UK. Instead it is moved to places like Bermuda through byzantine schemes to minimise the amount paid in the jurisdictions where the income was generated.
I'm sure you'd like the money to be "repatriated" to the US, but I'd like just some of it to stick around in the UK and Europe to pay for roads, schools, hospitals (and nuclear submarines) first.