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Old 06-28-2013, 08:11 AM   #108
cutthemdown
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Join Date: Mar 2006
Location: Long Beach
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Quote:
Originally Posted by BroncoBeavis View Post
Being competitive is most important. Force an American company to repatriate all their Chinese proceeds, and they'll just move their HQ overseas and become just another foreign company selling Chinese goods to US consumers.

Stop actively punishing them for being American companies, and things will work out much better.
I disagree many of them would love to bring that money home but they can't. Not at 30% tax. Drop it to about 5% and they will bring it back.
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