Is Repatriation of Foreign Profits A Good Idea?

Corporate foreign profits are now subject to a 35% tax rate. Corporations can avoid paying that rate by holding those profits in their accounts at foreign banks. Many argue this prevents corporations from investing those foreign profits in America, money that could be used to hire more workers or build new facilities. This series examines whether to give corporations a tax holiday, allowing them to move their foreign profits back to America tax-free.