Idea: Fund Infrastructure with Lower Repatriation Taxes
Construction Equipment
AUGUST 22, 2017
United States based corporations who bank some of their earnings and revenues abroad are required to pay 35 percent of any money they bring back into the U.S. According to an article in TheHill.com, an estimated $2 trillion in earnings are stashed abroad. On average, offshore taxes are in the mid-single digits.
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