Foreign Capitol by Big Corporations Means More Jobs Back Home?

progeCAD IntelliCAD Autodesk, Carl Bass, Economy of the United States, Money, Tax, Taxation, Taxation in the United States, United States, US government Comments

Ralph Grabowski writes in this weeks upFront.eZine NEWS… “American CAD companies have been deferring payment on millions of dollars of profits by leaving the them in bank accounts held by the non-US subsidiaries that earned the profits. The reason: whe Image via Wikipedia n US companies import cash earned abroad, they pay 30% in tax to the US government. The …