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re: Stimulus Idea: We Need A Tax Holiday For Foreign Assets
Posted on 3/12/14 at 11:21 am to lsu13lsu
Posted on 3/12/14 at 11:21 am to lsu13lsu
If the pols think a 'tax holiday' won't work, just add a provision in the tax code that repatriated cash is taxed at a lower flat rate, for example 10% to 15%.
1
Posted on 3/12/14 at 11:28 am to LSURussian
I agree. I am sure they could bring in Apple, IBM, Microsoft et al and ask them what would work. I would be surprised if they have not already discussed this in some form or fashion.
If $2T and growing is out there using that money instead of the Federal Reserve has to be cheaper.
If $2T and growing is out there using that money instead of the Federal Reserve has to be cheaper.
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