Quote:
Originally Posted by spence
Here's the rub, this overseas money is tied up in investments earning returns...it's not cash they're bringing back to the US. They can pay the taxes and have flexibility in the future but there's no guarantee any of it will be spent domestically.
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No, the rub is that it is all pre-tax monies.... So in my view it is all dirty, comingled, and investments should be liquidated as a condition of clearing their liability.