How can such a good and timely idea remain so obscure at a time like this? Perhaps Speaker Boehner and the president, in an effort to give something to everyone, should include something along these lines in their Grand Bargain next week.
Have the Republicans in Congress painted themselves into a corner on taxes? They seem to be in the position of choosing between a number of courses of action, most of which would normally be seen as going against their principles.
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.