Offshore Corporate Tax Amnesty?

19 Jul 2011 09:04 #1 by FredHayek
A proposal from some economists on the right:
Currently US corporations have large amounts of cash overseas to avoid paying the 30%+ corporate tax rate. If they could bring it back to America and only have to pay 10% tax, would you support this?

I think it would be a great way to pay some of the federal debt down.

Thomas Sowell: There are no solutions, just trade-offs.

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