Reply #4: It's something I would not consider. It's putting the cart before the horse. [View All]

[Selatius]

In my opinion, the only real way to get corporations to repatriate profits is if they see enough aggregate demand for products and services that they would need to bring the money back here in order to expand production, add more working hours, hire more staff, and invest in research/development to better meet that demand or risk being undercut by rival competitors that can meet the demand.

A jobs program that is sufficiently large enough that it increases demand could do it. In such a situation, I would not mind deficit spending, but at the same time, I'd cut from other areas, like tax breaks for oil and gas companies and cutting back on bloated military contracts in the defense budget.

I just do not see it as realistic to give them tax breaks on this deal in order to bring back money to an economy that wouldn't justify that movement. The only way producers increase production is if they first see a rise in demand, not prior to that point. You must have the demand there first as an incentive. Without that, you just have nothing except another giveaway to corporations.