Originally Posted by MrBaldBastard

The VAST majority of that money was acquired by tax loopholes in other countries like Australia that "mostly" have been plugged. It was a one off event, that will never be repeated, sure companies can still bring cash in with what trickles in, but the piggy banks been smashed.

I've yet to see this cash win mentioned in any US Government reports, its all been added in as if been business as usual this year, where its not, there was a one off trillion dollar cash injection that isn't coming again.

As soon as the USA dropped tax rates, panic flew around business in Australia with calls for our Government to reduce rates the same, the main arguments were investment wouldn't come in and multinational companies would pull out and head to the USA.

However...

What's been found is investment has not slowed and no businesses have moved to the USA. There's still call to lower our rates, but they can't use that argument anymore it's been debunked.


ie YOU the American public got played.

And you got played cos it was all but dirty money and the USA government had these multinationals by the nuts over it, Trump was right to allow the loot to come home, but it shouldn't of been a free pass. The most obvious use is Trumps infrastructure plan, he could of funded the thing with the money benefiting everyone but nah... Billionaire buddy boost.