Re: Fascinating
The whine is always that the US has one of the highest corp tax rates in the world. Ireland is often used as a comparison because their rate is so low. The deal is though that because of all the tax breaks companies pay LESS in taxes in the US than they do in Ireland. The repatriation dodge is just that, a dodge. They will not bring that money into the US until they can do it for free, or nearly free. There will be no great windfall for the government.