Hillary Clinton and Donald Trump may have a lot of differences in temperament and policy, but common to both campaigns are promises to invest heavily in the country’s crumbling infrastructure. It’ll be a hard task to get the bill through a Republican-controlled, miserly House — particularly for a President Clinton. But there’s a pot of gold that both candidates could possibly dip into: the some $2 trillion in cash stashed overseas by American companies. A repatriation tax holiday could be used to fund infrastructure projects according to Dan Clifton, head of policy research at Stategas, as reported by CNBC.
For more on the state of American infrastructure, check out these links:
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Sorry people but there is no $2 trillion "stashed" overseas. There is no prince in Nigeria and there is no forgotten buried treasure from pirates. What there will be is a tax cut for the largest global corporations so they can pay us less instead of whatever domicile they are in currently. But "found money" has a better ring to it.
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