The author thinks hiding money offshore is a problem, but he doesn’t understand how to solve it. If the United States was the lowest cost place to do business and pay taxes, all that hidden money would come onshore with the click of a mouse button.
The author thinks hiding money offshore is a problem, but he doesnt understand how to solve it. If the United States was the lowest cost place to do business and pay taxes, all that hidden money would come onshore with the click of a mouse button.
Just like when Reagan greatly reduced capital gains tax rates...suddenly a gusher of “locked up” capital gains was freed to be redeployed into better investments. Leftists will never understand human behavior when it comes to money or yearning for freedom and shunning despots and tyranny.