Re: Re: [OT] Obama's America

Author: Nicholas Geti

Posted: 2011-04-26 at 11:34:55

All multinationals. E.g. Microsoft, Exxon, Caterpillar, 3M. I could go on

and on. Another interesting take is borrowing money from the Treasury at

almost zero interest to pay dividends. Microsoft did just that in 2010.

http://www.ehow.com/info_7768842_rational-money-order-pay-dividends.html It

makes sense business-wise but they have $37 Billion is cash that they could

have used instead.

.----- Original Message -----

From: "Carl Lindner" <carl@bdos.com>

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

Sent: Tuesday, April 26, 2011 9:38 AM

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

> 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.

>

>

[excessive quoting removed by server]

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©2011 Nicholas Geti