Expoloit self-interest, don't quash it

Why would Microsoft borrow $2 billion as it did earlier this month if it has $40 billion in cash and liquid securities?

"U.S. companies are taxed at up to 35% when they bring home the earnings generated through the operations of their overseas subsidiaries."



"The U.S. is the only major country that taxes foreign earnings of its own companies this way. American investors may not come out ahead either."


"shareholders are usually better off when companies hold less cash, rather than more. Too much cash can lead to reckless acquisitions and a fat-and-happy culture of waste."

Why are we punishing and limiting ourselves this way? Class warfare? The "have nots" cutting off their nose to spite their face.