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Favor of reducing taxes on repatriated earnings

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Some have argued in favor of reducing taxes on repatriated earnings that companies operating in the United States have made in other countries. Such a tax break could lead to a sharp increase in the amount of repatriated earnings and raise tax revenues. If such an increase were temporary, what would be the effect on the real budget deficit for the current year? What would be the effect on the structural deficit? Explain.

Reference no: EM131254005

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