Author Topic: Trump brings $1.5 trillion home to America  (Read 384 times)

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Offline endicom

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Trump brings $1.5 trillion home to America
« on: August 18, 2018, 10:47:39 pm »
Don Surber
Aug. 18, 2018

Before I get into this news story, let us take a stroll down memory lane. I will start with a CNBC from September 26, 2016, "US companies are hoarding $2.5 trillion in cash overseas." These were overseas profits.

The story said, "American companies are holding $2.5 trillion abroad, an increase of nearly 20 percent over the past two years, according to the latest calculations from forecaster Capital Economics. The total is equivalent to nearly 14 percent of total U.S. gross domestic product."

Democrats wanted that money. They believed they were being cheated out of tax revenue.

More... https://donsurber.blogspot.com/2018/08/trump-brings-15-trillion-home-to-america.html

Offline To-Whose-Benefit?

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Re: Trump brings $1.5 trillion home to America
« Reply #1 on: August 19, 2018, 03:00:30 am »
"Under Obama, we got nothing for it. Under President Trump, we will get $150 billion to $200 billion.

Allow me to correct myself. That is just the government's share. We get the full $1.5 trillion, which will be invested here."




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