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The New American Podcast

The New American Podcast

Government

Nearly Half a Trillion Dollars Already Repatriated; More Coming

Nearly Half a Trillion Dollars Already Repatriated; More Coming

2018-09-24
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President Donald Trump said in an interview in July that untaxed corporate earnings held offshore used to be “$2.5 trillion … I guess it’s $5 trillion now. Whatever it is, it’s a lot more. So we have anywhere from $4 [trillion] to 5 or even more trillions sitting offshore.”

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