Price tag announced as Senate discusses using repatriation tax break to fund highways.
By Richard Rubin, Bloomberg|June 11, 2014 at 05:53 AM|Originally published on Treasuryandrisk.Com
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A temporary tax holiday for U.S. companies to repatriate offshore profits would cost the government $95.8 billion in revenue over a decade, said the Joint Committee on Taxation, Congress’s nonpartisan scorekeeper.