Jail CEOs for tax evasion
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It's not tax evasion, they aren't required to bring that money here. If there was a change in law though...
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That's the point - what they do SHOULD be classed as tax evasion
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Right, but it won't be. Even if laws change the money they have abroad wouldn't apply
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Any meaningful law would have to be fairly comprehensive
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Tax their foreign income at same rate as in USA, minus any corp taxes they actually paid (which are usually close to 0).
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That income is taxes at the US Corp rate. When its brought into the country. These companies own foreign companies that take and hold $
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Yes I now how it works, the point I am making income of their subsidiaries should be taxed as if it was earned in USA
End of conversation
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Hire American workers.
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We could drag a few CEO's into the street and shoot them. Beyond that I don't think they'll change.
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Tax them on "gross profit" at point of sale...! Simple....
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perhaps they should move to another country that they actually want to support.
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How about guillotines and rope?
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I thought a prevision in new tax reform covers situation. Focus on helping POTUS get his new tax reform through Congress
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Export tax credits...
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The largest corporations are holding their profits in cash, home and abroad. What is the benefit of allowing them to bring cash home?
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Uk had a clear out and found some shit flying around without consents in america
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