Bring It on Home!

This table from Tax Notes is an astonishing testament to the positive feedback effects of the Trump tax cuts.

It shows that prior to the lower corporate tax rate and the high tax rate charged on repatriated capital, only 48% of Google profits were from domestic activities.  But after the 21% corporate tax rate and the incentives to repatriate capital back to these shores, it jumped to 88%. Several other tech giants had similar increases.

Taxes really do have consequences.

These companies are the blue dashed line in the chart below:

SUBSCRIBE TO THE
Unleash Prosperity Hotline

 

1155 15th St NW, Ste 525
Washington, DC 20005