Supporters emphasize the indirect economic effects of repatriation.
By Richard Rubin, Bloomberg|October 14, 2011 at 05:20 AM|Originally published on Treasuryandrisk.Com
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Faced with criticism that companies didn’t use proceeds of a 2004 tax holiday to create jobs directly, advocates for repeating the policy are emphasizing the indirect economic effects of repatriating more than $1 trillion.