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US Tax law is complicated, most people don’t understand it and those that do wonder why the US government taxes corporations twice. For example, while Apple is sitting on $246 billion offshore, they did pay the taxes on it in the country they made that money in. If Apple were to repatriate any money, Uncle Sam wants a cut. Now one could look at that double taxation as a cost to corporations from benefiting from the ‘peace” they get throughout the world from the US military’s protections. One could look at it as a cost of raising world standards through globalization while those corporations are not investing at home. One could also look at as a tax on corporations expanding its climate change footprint.
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