Proponents say a repatriation tax break could be "the next stimulus," inducing multinational corporations to inject at least $1T into the economy. But that’s not how it worked in 2005, when the U.S. offered companies a similar tax incentive. Though they brought $312B back to the U.S., 92% of the money was returned to shareholders in the form of dividends and stock buybacks.
Proponents say a repatriation tax break could be "the next stimulus," inducing multinational...
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