Almost a quarter trillion just sitting in foreign countries, just in taxes. think about it......American businesses are so deeply entrenched in the world, if they fail entire countries would fail.
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2nd sentence of second paragraph has obvious typo....wtf...intentional to confuse? Incompetence?
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And then they'll ask for tax exemptions claiming that they're too broke to pay the taxes on the money they off-shored for so long.
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"The bill" is a HUGE break from the 35% they owed on those profits.
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How? The bill will be 10% to bring it back. Not bad. In addition, US Companies will take major write-offs in the 4th qtr of 2017 to get 35% relief and pay 22% in 2018. This may bring a correction to the Dow as earnings come out. GE is the beginning.
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well there's your problem
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false data: trillions being held off shore
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