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Started By
Message
Stimulus Idea: We Need A Tax Holiday For Foreign Assets
Posted on 3/12/14 at 11:00 am
Posted on 3/12/14 at 11:00 am
It is simple and will cost the US Government nothing. The US government and other governments helped create this problem with their complex and cronyistic tax codes. Let these companies bring their dollars back to the US and stimulate our economy. It is free.
Cash Abroad Rises
Cash Abroad Rises
5
Posted on 3/12/14 at 11:07 am to lsu13lsu
If it presents adequate opportunities for graft, I'm sure our government will look into this.
Posted on 3/12/14 at 11:15 am to lsu13lsu
Kinda crazy ain't it? Send us your tired, your poor and your hungry.
We'll send you our money in return.
We'll send you our money in return.
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%.
Posted on 3/12/14 at 11:25 am to lsu13lsu
Even better idea is to reform the tax code, where businesses want to bring the money to the states...
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