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juancn 4 days ago

This will just encourage companies to off-shore more.

declan_roberts 4 days ago | parent | next [-]

It's already 70%-80% cheaper to hire offshore. How much more juice is left to squeeze?

zerosizedweasle 4 days ago | parent | prev | next [-]

That's just insane, do you honestly think they will just allow that? They are American companies, vulnerable to the power of the government.

throwawa14223 4 days ago | parent | prev | next [-]

Then it's time to start seizing these companies assets. American corporations exist to benefit the US and US people.

jppope 3 days ago | parent | prev [-]

the tax code was recently adjusted. All foreign R&D needs to be depreciated over 15 years, you can depreciate immediately for US based R&D.