TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Thursday, August 25, 2011

Progressive Think Tank Backs Repatriation Tax Holiday

The think tank NDN today released The Revenue Implications of Temporary Tax Relief for Repatriated Foreign Earnings: An Analysis of the Joint Tax Committee’s Revenue Estimates, which estimates that a repatriation tax holiday would raise $8.7 billion of revenues over ten years, compared to the Joint Committee on Taxation's recent estimate of a $78.7 billion ten-year revenue cost.

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There's nothing progressive about NDN.

Note that this study was co-written by a fellow at the decidedly right-wing, anti-corporate-tax American Enterprise Institute. The conclusion is exactly what one would expect from that group.

Posted by: stop, look and listen | Aug 25, 2011 2:51:33 PM

On P.20 they admit that there is little relation to repatriation and tax law. Why don't we just tax pharmaceutical companies and electronics at 10% instead of legalizing their tax evasion every five years.

Posted by: Jim Harper | Aug 25, 2011 4:48:32 PM