"Since the corporate income tax began in 1909, Congress has imposed a penalty tax, currently 15 percent, on excess cash and near-cash... Without such, a corporation could... become a huge tax shelter, withdrawing resources from the economy instead of investing in new plant...equipment... jobs and paying dividends... But President Reagan signed a law that... so long as the money was owned by offshore subsidiaries, American companies could hold unlimited amounts of cash. ...ompanies now siphon profits out of the United States under the guise of... tax deductible expenses..."
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"Once, in the night, my mother called me to her bed and told me that she could not endure the pain, that she wanted to die. I held her hand and begged her to be quiet. That night I ceased to react to m…"
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