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follow MrMagic 2018 Jun 26, 6:41am
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We estimate that American companies could reasonably allocate half of this total, or $1 trillion, to capital investments in the U.S.
So why didn't it happen last time money was repatriated in 2004? It's different this time some how? .
“U.S. firms that used to build their factories overseas in order to avoid U.S. taxes, they stopped in their tracks because of the tax bill, they are bringing all the money home,” said Kevin Hassett, chair of the president's Council of Economic Advisers, during an interview on FOX Business’ Varney & Co. in June.
American money flowing back into America, RECORD $300 BILLION REPATRIATED TO USA
bob2356 saysSo why didn't it happen last time money was repatriated in 2004? It's different this time some how? .Go ask your pal Bernie, he was involved in passing laws back then too, just like now.
Stock buybacks and more executive pay and bonuses...?