Originally Posted by Bacchus
I love watching the stockmarket go down. All the big banks the free money days are over. Now you might have to actually go back and invest in THINGS to make a profit.
Anyway it will drop for a week or so, all the republitards will panic and then it will go back up.
what has changed to the corp tax structure that will make companies not want to offshore their foreign profits? Clinton talked about changing them, so did Romney, but not a peep from Obama how he plans to get those trillions sitting overseas to America. IMO that all we need to fix to increase revenue.
Drop the rate and make it profitable for companies to bring money home earned in overseas markets. Set the rate really low because they already had to pay tax on the country they did business in. Thats why they dont ever bring those profits home.