human
Many companies hold TRILLIONS in overseas account.
"The top companies in terms of overseas holdings are Apple, Pfizer and Microsoft, according to a report from the Institute on Taxation and Economic Policy. General Electric and IBM round out the top five."
They won't bring that money home as long as their tax rates are so high. Why not lower the tax rates that they have to deal with or give those companies a tax holiday. We can then use the "newly circulated" money to pay for our crumbling infrastructure.
http://www.cnbc.com/2017/04/28/companies-are-holding-trillions-in-cash-overseas.html
gpt
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