a lot of tax experts agree(and many of those profits are actually used in the US economy already). Maybe this article is out of date and something in the tax plan prevents this from happening? And I admit Im no expert myself.

"A few weeks ago, House Speaker Paul Ryan argued that the 20% rate would have prevented an American company, Assurant, from moving its legal headquarters to Bermuda, which doesn’t impose any corporate income tax at all.

But the last I checked, 20% is higher than 0%. The Trump-Ryan-Brady plan wouldn’t eliminate the incentive for U.S. companies to shift their operations or to shift their profits using creative transfer pricing techniques.

Nearly every tax expert who’s studied this issue agrees that the problem identified by Ryan would remain even after his bill is approved.

William Gale, co-director of the nonpartisan Tax Policy Center, says the Republicans’ unified framework “would encourage [U.S. companies] to ship jobs, capital, and profits overseas.” Similarly, Donald Marples and Jane Gravelle of the Congressional Research Service concluded that proposals like the Trump-Ryan-Brady plan “could worsen the profit-shifting that already exists among multinational firms.”

Edward Kleinbard argues that the territorial tax system of Trump-Ryan would reward successful transfer-pricing gamers as “instant winners” of the tax lottery...

...In practice, corporations are able to use these accumulated profits indirectly for almost any purpose, without legally repatriating them and triggering the tax. The funds aren’t “trapped” overseas. The hoard of cash overseas isn’t preventing any company from investing in America. "

[Post edited by THECZAR at 12/14/2017 09:58AM]