All multinationals. E.g. Microsoft, Exxon, Caterpillar, 3M. I could go on and on. Another interesting take is borrowing money from the Treasury at almost zero interest to pay dividends. Microsoft did just that in 2010. http://www.ehow.com/info_7768842_rational-money-order-pay-dividends.html It makes sense business-wise but they have $37 Billion is cash that they could have used instead.
.----- Original Message ----- From: "Carl Lindner" <[email protected]> To: "'ProFox Email List'" <[email protected]> Sent: Tuesday, April 26, 2011 9:38 AM Subject: RE: Re: [OT] Obama's America > Some companies with high dollars oversees find it cheaper to borrow here > than to bring the money back. I am working from memory but... Cisco and > Quintiles. > > > > -----Original Message----- > From: [email protected] [mailto:[email protected]] On Behalf > Of Michael Madigan > Sent: Tuesday, April 26, 2011 1:00 AM > To: [email protected] > Subject: Fw: Re: [OT] Obama's America > > The reason the profits stay off-shore is because the corporate taxes are > lower overseas. If the corporate tax here is lowered below other > countries, > the money will come pouring back. > > --- On Tue, 4/26/11, MB Software Solutions, LLC > <[email protected]> wrote: > >> From: MB Software Solutions, LLC > <[email protected]> >> Subject: Re: [OT] Obama's America >> To: "ProFox Email List" <[email protected]> >> Date: Tuesday, April 26, 2011, 12:20 AM >> On 4/25/2011 9:27 PM, Nicholas Geti >> wrote: >> > That begs the question. Obama has made no effort to >> lower the taxes. A quick >> > fix to the economy would be to allow companies to >> repatriate their trillion >> > dollar profits back to the U.S. tax free. That would >> be a fantastic shot in >> > the arm. > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/EEF0C59A0D2446A2A82398F34B62B915@dual ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
