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View Diary: Tech giants embrace clean energy (12 comments)

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  •  Much of It Off-Shore (0+ / 0-)

    They haven't spent it because they put it into an overseas account and are now praying for the tooth fairy/Easter bunny/Santa Claus to eliminate their tax liability on that money, which would be a total windfall for the shareholders.  They knew the deal was they'd pay taxes on the money when repatriated and now they're trying to rewrite the rules of the game - exclusively for their benefit.  It's one of the reasons that super-majorities should be required for tax decrease votes in addition to any tax increases.

    "Love the Truth, defend the Truth, speak the Truth, and hear the Truth" - Jan Hus, d.1415 CE

    by PrahaPartizan on Sun Mar 24, 2013 at 04:56:31 PM PDT

    [ Parent ]

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