For once, I agree with Obama (to the extent I understand the tax). If they are getting profits from other countries then they should be taxed -- or the big conglomerate companies could set up country subsidiaries like franchises and let the money stay in the countries that made the product or provided the service -- it is called having a global presence without raping the global residents. Most of the U.S. companies hate the U.S. and the U.S. people -- let them leave, they are doing it anyway with the help of the stupid Americans who continue to buy their junk made from foreign labor.