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Yeah, it's actually very logical once people drop their emotionally charged attitude towards "the corporations". I'd rather see US corporate cash in US bank acc
by cpursley 12y ago
Yeah, it's actually very logical once people drop their emotionally charged attitude towards "the corporations". I'd rather see US corporate cash in US bank accounts to be spent on a mix of continued innovation, local job creation and dividends to investors.
There's the other side also - the US would effectively become a corporate tax haven. That in combination with our long standing excellent legal system, would likely be an impetus for foreign companies to incorporate in the US opposed to say Hong Kong or London.
You'd think the attitude of the "land of the free" would be "open for business" instead of so adversarial.