[1rudeboy]

All Toyota profits from their USA production go to Japan. You are colonized and too numbed down to know it or care.

So all those U.S. companies that set-up overseas flood their profits back here? Cool.

[dennisw]

Take your Ritalin crudeboy.

[snowsislander]

So all those U.S. companies that set-up overseas flood their profits back here? Cool.

Actually, due to our tax laws, our companies do not tend to repatriate profits. I've seen an estimate that perhaps $500 billion would return if the "Homeland Investment Act" (aka "Invest in the USA Act") were passed to substantially lower those taxes.

However, I don't believe that we charge any sort of repatriation tax to companies that take money out of the U.S., which is a practice that some countries do engage in to try to keep money in their countries. (I believe that the consensus opinion that it is instead an effective way to keep initial investments out of these countries.)