View Single Post
 
Old 01-26-2015, 11:58 AM
dbussone's Avatar
dbussone dbussone is offline
Sage
Join Date: Jun 2012
Posts: 7,833
Thanks: 0
Thanked 86 Times in 78 Posts
Default

Quote:
Originally Posted by billethkid View Post
how manyof us would keep our money in a foreign country that had no more risk to loss than here at home but with a return of double or more.....and no taxes on the earnings?



There would be some corporate expatriation of dollars that would come back to the USA if there were a competitive tax advantage. Some of those dollars would/could be invested in facilities and capabilities in the USA to be more competitive. End result no financial disadvantage for the corporate bottom line and the potential for increased employment here at home.



Today the incentive is for corporations to keep foreign earnings offshore.

And it's a shame many of the posters on this thread don't understand what you are stating; instead they seem to feel put upon by whatever organization gave them an opportunity to have a career, earn a living and support their families. It must be terrible living with such a negative perspective on life.
__________________
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill