Quote:
Originally posted by onetime2
The problem is, there is no chance that it will achieve what he hopes. There are far more reasons for companies to hire employees outside the US than taxes.
Additionally, in this case, the tax cuts and raises are on virtually the same entities.
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It's a start, and the first of three speeches on the topic. It also strikes me as over-reaching to say "there is no chance," when, logically, there is - especially for corporations that are sending money overseas specifically because of that loophole and for no other reason (health care or labor costs, for example).