There is a moral  issue here that is escaping us - at a time when we are at war these companies are not sharing any of the burden that John Q Public is undertaking with taxed wages to fund our government obligations including the war effort.    Our troops depend on our support and we depend on them to keep us free.   These companies are shirking their responsibility to support such efforts - yet they are beneficiaries of our government efforts to try and keep the world a safe place.    It seems immoral that our troops are risking everything while these corporate leaders sit safely in their ivory tower and risk nothing.  

NO wonder we are in debt the rich don’t get taxed while the Middle and lower pay the bills

$409 billion sitting offshore for the Top Ten. Cut them a deal: Bring the $ back at a reduce tax rate of say 20-25% and then they have to use half of the difference to hire new employees and they can keep the rest.

Round #'s they pay $100m in taxes vs. $143m @ the 35% rate. They keep $20m and spend $20m on jobs.

The average is 14%, not 35%

Big Bummer's right, what you socialists don't understand is that these companies with foreign profits make and SELL goods overseas-their overseas businesses are NOT a case of taking jobs from the U.S. to manufacture goods overseas that are then shipped back to the U.S. to be sold.  Example: MacDonald's now has  @50% of income earned overseas-in fast food places all over the world, built overseas, staffed with foreign workers, buy supplies there, sell the fast food there, pay all the taxes there.  Why should they pay U.S. taxes on that same already taxed money to bring that money here?  If you morons sold your car to someone in the state next door and paid sales tax there, then had to pay sales tax on the same sale again in your home state, you'd be up in arms about double taxation. If you moved to another state do you think that state should then tax all the income you made and already paid state income taxes on in your previous home state? If your kid's in college in a different state and works part-time in that state, he or she pays state income taxes on those earnings in that state-should they ALSO pay state income taxes on that same income in their home state? Companies with foreign earnings are not taking money out of the U.S. and parking it in overseas tax shelters to avoid paying taxes, that money earned overseas in essence was earned by a different completely standalone company that operates wholly outside of the U.S.. Taxing that money again to bring it here would be like imposing tax on any foreign company or individual that wants to bring money here to invest in the U.S.-in addition to taxing the income earned from their investment. Money earned entirely overseas shouldn't be taxed again when brought into this country.  Think of all the jobs that would be created if trillions of investment dollars would be welcomed here. Maybe the fair solution would be for U.S. companies to sell or spin off all of their foreign subsidiaries like Phillip Morris did.  Then the foreign subsidiaries would be completely separate companies and the U.S. would never have any of their profits brought here, it would all be reinvested overseas.

I sense from many of these posts that the posters are members of the "gimmee, gimmee" group that thinks all those who actually work and pay taxes should give ALL their money to the government to handout even more to those lazy bums whose idea of work is popping out more fatherless children in order to increase their welfare/ssi/medicaid/childcare tax credits. The government should not be in the business of providing for all of its citizens wants and needs, it should be restricted to those activities in which we need to join together, such as national security. This country has been so successful because our founders limited government and empowered individuals to achieve.  Communism and socialism have failed.  Greece, Portugal, Spain are all in default on their debt from years of increasing taxes and wildly increasing entitlements and the # of government employees to the point that there just are too few people paying taxes left to pay for all of it. We are fast approaching that point. If we do not get the size of the government reduced and government spending cut, we will be unable to pay on our debt, then 1. no one will buy our debt and where will we get that >$1 TRILLION/year that we borrow, and 2. those who already own our debt will demand that we pay them a higher interest rate-which will balloon our debt even bigger-EASILY DOUBLE!  Think of your credit card interest jumping from 12% to 24% if you miss a payment. The same thing happens when a country misses a payment.

japan recently lowered their corporate tax rate, the highest in the land, now we have that honor, the u.s.of a has the highest corporate tax rate, 35%

you have a business here, that is what you pay, minus of course their writeoffs, chargebacks, etc, etc., but why would anyone in their right mind want to bring that money to the shores of the u.s. when they can develope overseas, this country is on the losing ways, we have shown it time and time again, and under obama, you can be assurd his goal is to bring this country down further, socialism 100% is around the corner

why develope here when you can do it elsewhere cheaper