because of our anti-business corporate tax code. The US taxes corporate profits at 35%, the highest tax rate in the world and then taxes repatriated profits at 35% as well. No other country penalizes corporations for bringing profits back home by anywhere near this figure. Unless and until our tax code is revised to be less hostile to businesses here in the US, corporate executives have no choice but to put new business outside of the United States if they are to fulfill their legally binding fiduciary responsibilities.

We can do something about the tax code in order to make it as attractive to create new jobs in the United States as it is in other countries around the world or we can continue to demagogue the issue. The choice is clear - more jobs or more BS; change corporate tax rates to be competitive in the world market or continue to lose jobs.