Hearings on the bill are the best situation comedy on TV today (well, except for reruns of some really old shows). There are so many obvious flaws that *crew the middle class and set smaller businesses up to be overwhelmed by their globalist large-business competitors. There’s nothing in either bill that stops repatriated money from being used to line the pockets of upper-tier employees and owners and from using the money to buy out smaller competitors. That’s what the banks did with the money they got after their crisis.
So you are now opposed to repatriating the earnings of U.S. companies that are parked abroad for tax reasons? Are you also opposed to shifting to a territorial taxation basis for corporate earnings? And why do you think it is any of the Congress' business what companies do with repatriated profits? If they pay it out to owners and top tier employees, that money will be taxed at individual income tax rates that are probably higher than the effective corporate rate that the company would otherwise have been paid. If they buy out smaller competitors, so what? Companies buy each other every day.