Author: Michael Madigan
Posted: 2011-04-26 at 01:00:14
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.
>
>
> You think they'd repatriate them back into the US? Or
> just more obscene
> profits for the fat cats?
>
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