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Tax Repatriation Holiday: Good For Shareholders, Not Economy

I’m a pro-growth, low-tax sort of fella, but I call ‘em as I see ‘em, and the politicians that are clamoring for a tax repatriation holiday in an effort to bring home the billions in cash sitting overseas on the balance sheets of US multi-nationals are wrong in that it will lead to more domestic investment and ultimately jobs.  Jobs being the goal of any politician of course. The reality is that these multi-nationals have plenty of cash and even if they don’t, they have plenty of access to credit Read more [...]

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