TOP CEO: Bringing money back from overseas could help rebuild our 'crumbling nation'
The US has one of the highest corporate tax rates in the industrialized world.
That has led to a lot of US companies keeping some of their cash parked overseas, rather than moving it back to the US.
Apple, for instance, has $230 billion offshore. And the company's CEO, Tim Cook, says that money is staying put unless a fairer tax rate is implemented.
In total, the amount of American corporate profits abroad stands at a whopping $2.5 trillio
Read more »