If one of the world's most successful investors, Warren Buffett, calls you on the phone and gives you a specific investment tip would you reply that it depended on the taxes that affect the income from the investment?
For decades we've heard about CEOs who garner more in a day than their average employee earns in a year. The sad fact is our current tax code encourages these runaway pay packages -- and even subsidizes the excess.
Companies have parked huge amounts of profits -- a stash totaling more than $1.4 trillion --in offshore tax havens. They've stowed those funds abroad primarily to avoid having to pay federal taxes on that income. But now they want to bring their treasure to the U.S.