Some companies with high dollars oversees find it cheaper to borrow here

than to bring the money back. I am working from memory but... Cisco and

Quintiles.

-----Original Message-----

From: profox-bounces@leafe.com [mailto:profox-bounces@leafe.com] On Behalf

Of Michael Madigan

Sent: Tuesday, April 26, 2011 1:00 AM

To: profox@leafe.com

Subject: Fw: Re: [OT] Obama's America

The reason the profits stay off-shore is because the corporate taxes are

lower overseas. If the corporate tax here is lowered below other countries,

the money will come pouring back.

--- On Tue, 4/26/11, MB Software Solutions, LLC

<mbsoftwaresolutions@mbsoftwaresolutions.com> wrote:

> From: MB Software Solutions, LLC

<mbsoftwaresolutions@mbsoftwaresolutions.com>

> Subject: Re: [OT] Obama's America

> To: "ProFox Email List" <profox@leafe.com>

> Date: Tuesday, April 26, 2011, 12:20 AM

> On 4/25/2011 9:27 PM, Nicholas Geti

> wrote:

> > That begs the question. Obama has made no effort to

> lower the taxes. A quick

> > fix to the economy would be to allow companies to

> repatriate their trillion

> > dollar profits back to the U.S. tax free. That would

> be a fantastic shot in

> > the arm.

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