On the recordMay 23, 2011
Yeah, but we are leaving money overseas because they are afraid to bring it back and get it taxed at a high rate.
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congress.govYeah, but we are leaving money overseas because they are afraid to bring it back and get it taxed at a high rate.
Discussing concerns about U.S. tax rates on repatriated foreign earnings.
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This outcome was totally foreseeable. I said this would be the outcome when all this began back in mid-September. They did it anyway.