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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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$1.4 Trillion Cash Stash Could Stoke Job Market
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Poster Handle
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LoVeLiGHT420 |
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This way companies are rewarded for their years of tax evasions! It will not create more jobs, but only more profit for shareholders! Taking away that money from overseas economies will mean that those countries economies will go down which in turn will have a negative effect on your own economy.
Quoting: Vierkantebroek This doesn't mean taking ALL of the money from overseas economies. Most of that money is sitting in China anyways. If we do nothing at all the money keeps flowing OUT of western economies. The money is already gone and there is absolutely nothing our government is going to do to get it back forcefully. I think that as part of the agreement however companies should be forced to agree to use at least 50% or more of the money to create jobs. “Even if all they [companies] did was bring money home and pay out dividends, 85 percent of U.S. multinational stocks are held by Americans,” he said. “If they came home and paid out $700 billion in dividends, it would mean a massive amount of money flowing into the economy no matter how you view it.”
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