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yet we have the highest marginal tax rate in the world. the average marginal tax rate is 25%.Hey, I agree! Although I see things like pay and benefits and the cost of business expansion as already being legitimate businesses expenses that are already being taken, along with things like rent, depreciation, utilities, COG, advertising, etc
I would be convinced about "regulations" harming our economy, as long as someone could tell me what those regulations are. I've been asking this question for years, and no one has been able to actually tell me about any specific regulations that are unneeded and overly burdensome to business (other than Obummercare of course). Is it about the law that says that businesses have to have battery backup emergency exist lights? Is that the one? Or is it that one that doesn't allow managers to whip their employees with wet towels?
EPA rulings and other things that Obama has tried to push through has a heavy price on businesses.
You may prove me wrong, but I think that most of the reason corporations don't "bring back money" has little to do with taxation, and almost everything to do with the fact that they don't really need the money in the US. Businesses only expand when they think that there is unfulfilled demand. Give business some reasons to think that demand is increasing, and they will expand. Tax cuts for the worker/consumer class would be a good start because that would be instant extra purchasing power in their pockets.
that is exactly the reason. they have to pay taxes on where it is stashed already.
they then have to pay taxes on it when it enters the US.
so it isn't worth it for them to bring it back even though most of them would like to.