Insight: Showdown looms on U.S. overseas profit tax break | Reuters: "(Reuters) - Backed by powerful companies spending millions of dollars, Washington lobbyists are fighting in the marble corridors of Congress for a tax break on $1.5 trillion in profits held overseas to escape the U.S. tax man."
We must tax overseas profits so that we'll encourage "production" to move back to the US; this would create jobs, jobs the American workers know how to do and desperately need.
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