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Candidates' plans to repatriate profits only encourage corporate tax avoiders The last time the US tried repatriation - in 2004 - companies took the tax breaks and fired American workers. Better to close loopholes and invest in infrastructure If you had a spoiled 10-year-old at home who you found rifling through your wallet, what would you do? Would you spank him, explain why what he did was wrong, and dock his pocket money? Or would you laugh it off, pat him on the head, and tell him to keep the cash? Currently, corporations booking their US profits in overseas tax haven...
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