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Corporate Tax System US

The U.S. Needs an Overhaul of the Corporate Tax System, and a Temporary Tax Break on Overseas Profits Is Not the Solution

Kristin Forbes | Posted 07.06.2011 | Business
Kristin Forbes

Today U.S. multinationals have more cash stashed overseas than ever before --according to several estimates, companies have more than $1 trillion in profits squirreled away in foreign subsidiaries.