Quote:
Originally Posted by azndude69
Sorry, complete my bad for missing that.
I kinda like this idea, however my only worry is there's nothing guaranteeing that these companies will invest all the cash that they've brought back from being hoarded overseas.
There needs to be some sort of employment or incentive that requires them to invest X dollars or hire X amount of employees otherwise the full tax rate would apply instead of the 5% that you mentioned.
I have a feeling that they would just issue dividends to with all this cash instead of doing any hiring or research/development or anything like that.
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dividends would be awesome - it would create additional wealth in the hands of americans who will spend or invest that money, aka the money will be in the US system, creating higher top lines for most companies