Repartriating the foreign multi-national profit
Thursday, October 20, 2011 05:40 pm
Repartriating the foreign multi-national profit , because:
1. Is it will solve our equality problem, because all of the multi-national profit over sease are into the multi-trillions of dollars
when they repartiate those profit to america, they must first convert it to USD, and that will make the USD stronger.
2. When they bring the money home they have to pay the tax to the federal government, plus the state in which they are incorporated.
This will solve our federal and state deficites.
When the money is back in the USA, they have to put it somewhere. So most likey they have to put it back to the bank in the US, it will give liquidity
when the money is in the USA the Multi-national corp will think of something to do with this money, and when they do think of something to do with
this money, it will create jobs in the US. These multi-natioanl companies claim to be American, they have the might and power of America behind them.
for them to pay the tax to america, it is only right. or they can call themselves Panamanian companies, and let Panama protect their interest.
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