No-brainer.

It’s not redistributed wealth strategies that will save our economy. It’s having a smarter economy would save our economy.l

Under the current system, U.S. corporations are charged 35 cents for each foreign-earned dollar they bring back home to the U.S. If they keep that income overseas, it is taxed at lower rates. As a result, those dollars tend to stay overseas permanently, since companies know they will automatically lose more money by bringing that income home than they can reasonably expect to make by reinvesting it once it is here.

– Allen Sinai, chief global economist, strategist and president of Decision Economics.