Detailed text transcripts for TV channel - MSNBC - 20120430:11:27:00
Companies who make massive profits trying to get around having to pay their fair share? can somebody explain to me how i sound trill here, that what i'm saying is absolutely not true? >> the argument is here is all of this money offshore, over $1 trillion. if they bring it back, they can invest and hire people. last year during the debate about trying to spur hiring in the u.s., that was a big argument. but if you look at what happened in 2004, the last time there was a repatriation holiday, i think 98 cents on every dollar went to shareholders, went to ceos, went for stock buybacks. you know,...
Source: news source