Look At The Humongous Amounts Of Money US Tech Companies Stash Overseas To Avoid Taxes

U.S. companies are stockpiling really huge amounts of cash in offshore accounts. But, it turns out, the two most vocal proponents concerning the tax rules that incentivize companies to avoid moving cash into the U.S., Cisco and Apple, aren't even the ones with the biggest stashes. Microsoft's pile of foreign cash is way bigger. A lot of the money sitting overseas was earned overseas, but some of it is put there through accounting methods to avoid U.S. taxes, a situation that Congress has recentl...