$1.4 Trillion Cash Stash Could Stoke Job Market

This is money that has already been taxed, in the country that it was made in.

The US is the only country that demands double taxation in this way.

In this case, we should be like every other country, and let them bring their (already taxed by foreign countries) money home to spend.

Imagine if this money would have been here the whole time?

it would take way more than 1.4 Trillion to get the economy going again.

The US Government has spent more than that in 2 yrs and created nothing except more debt for the taxpayers.

Just tossing money at it will not cure our failing economy.

Yup. Isn't that what they wanted all along? Decrease the corporate taxes and at the same time increase the personal income/property/school taxes.

Sounds about par to me.

I knew jobs would come back one day...at a heavy cost to J6P.

I totally agree with you, bra.

CASH STASH
do you realize how ridiculous and fake this is?????

bullshit

obla dee obla da life goes on bra

Yep

Let's think about this for a second. $1.4 trillion equals 10% of the US GDP, but the return that these studies are mentioning to the US economy is only $360 billion, which is just around 2.6% of the US gdp. So in other words not all of that money is going to be spent, and that's not surprising given that most of it is going to go to stock buybacks and dividend payments, so it's just going to increase the stock market's value without doing anything for the economy.

And what's the price? forgoing billions of dollars in revenue, potentially equaling the alleged gain to gdp that will result from this proposed move. So the government will have to increase its deficit spending (i.e. borrow the money) or increase taxes in other categories to make up the difference (i.e. increase individual taxes or payroll taxes), for it the government doesn't do so the country's GDP will take a hit since government spending is part of the GDP making the proposal pointless.

Hence, the idea is simply bad and will most likely result in an increase in government debt or taxes on people if it were to be implemented, more likely debt since it's easier for people to swallow.

My gut tell me that these new jobs will be created in the 257 Foreign Trade Zones being set up all across America.

[link to www.dailypaul.com]

the cities, counties and states are all going bankrupt. How can they offer tax breaks? Unless they double our taxes. That might work. You'll have a job but pay 60% in taxes.

Never work. We're slated for 3rd world status. Better start preparing for the worst cause it's gonna hit us like a freight train.....

Better hold off on that just a little while longer. Although on life support, the middle class still has a heart beat.

Remember when extortion used to be illegal?

OP,

This is interesting. The fact is that there is no long term change to the cost of hiring in the United States. I believe that a lot of our problems are seen in the regulatory noose around the job creators par se. I would also advise looking into the CAFR topic, I have just posted a thread today on it, rather shocking but it would involve those corporations which you are referring to, and the government's institutional investors vested $. For instance, the Govt owns 83% of Microsoft.

Best documentary of CAFR that I have seen, please check it out.
Thread: CAFR: BY FAR the most IMPORTANT root cause of our Economic Turmoil ---> Look no further-> The Corporation Nation Master (2010)


I really do wish that the economic solutions to these problems are not far away, and that we can walk from this as a republic in tact. However, its looking like this will be a rather challenging period in the years to come. I don't have the answers, this is just my opinion.

Good thing is that we are moving towards the age of Aquarius along with the better vibes etc. Hoping that this will ramp up more, sooner than later..