Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,561
19%  
Woo hoo!! And now only $639 from reaching 20%!! Thank you all very much!! God bless.

Keyword: foreigncapital

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  • WSJ: Homecoming Victory - Homeland Investment raised revenues, lifted investment and created jobs

    10/17/2005 5:40:32 AM PDT · by OESY · 1 replies · 352+ views
    Wall Street Journal ^ | October 17, 2005 | Editorial
    If you want a real life example of how tax cuts boost the economy, take a look at the Homeland Investment Act of 2004. This law allowed U.S. corporations to repatriate earnings from foreign operations back to these shores for one year at a reduced tax rate of 5.25%. Supporters argued that this tax cut would lead to an "in-sourcing" of jobs by luring corporate income parked in foreign vaults back to America. Those repatriated dollars could then be put to work for R&D spending, plant expansions, capital and technology purchases, or merely to improve balance sheets to the benefit...