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Originally Posted by OneHungLo
Earned money overseas = stolen loot? bahahahhahaa
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You can argue it anyway you want, certainly these companies were willing to let the USA slide into recession rather than paying the tax they would of had too, these aren't exactly patriotic's hiding out in offshore tax havens.
Most of it was from multinational companies using loopholes in outdated tax laws, many of those laws have been changed or are changing, its not a cash grab that can be repeated because of that.
That was tax that would of lessoned the burden on consumers, Trump allowed it back no questions asked, then borrowed more money so you the consumer can pay it back.
The tax saving he gave those companies.. was the American citizens money, there was no negotiations, no "Art of the deal" Just bring it back tax free.. no questions asked.
It was possibly the dumbest move in history, he could of offered a reduced rate, or put a clause in there to have it fund his infrastructure projects or a million other things.. but nah party like its … 1929