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To: Uncle Miltie
Let’s keep corporate taxes, tariffs and trade barriers high to ensure international companies never return that cash to America to use for hiring Americans.

Or stock buybacks or dividends or acquiring other companies, which is what the money will most likely be used for.

4 posted on 10/07/2015 12:04:56 PM PDT by DoodleDawg
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To: DoodleDawg
Or stock buybacks or dividends or acquiring other companies, which is what the money will most likely be used for.

You are correct. 80% on up of repatriated money will not be invested here and create jobs. It will be used as you mention for stock buy backs and dividends. Apple has 200 billion off shore. I doubt it could invest more than 10 billion here. 
But still I am not opposed to Donald Trumps plan to charge a one time 10% tax on repatriated billions. 10% is probably fair and will bring billions back home even if most goes to dividends and buying up companies.

7 posted on 10/07/2015 12:12:23 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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