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Originally Posted by sclitheroe
It's a bit of a simplistic view to have though - the very same loopholes resulted in Apple's bond issuance to initiate the stock buy back, and the gov will tax proceeds on that. Anything that keeps money moving through the system benefits the system.
On a tangent, are they really loopholes? Seems like these companies that keep money offshore do so within the legal tax framework established by the government, so if massive loopholes existed, why wouldn't they be ammended? I don't know enough about this aspect of the larger story.
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Nope, they're largely there by design. That is until they make the news, then it's a case of evil corporations taking advantage of hard working Americans.