Currently, U.S. corporations exporting products into other countries pay corporate taxes in those other countries. For many corporations, cash builds up on their balance sheet and remains in a bank in the foreign country. Corporations would like to send their cash back to the “mother ship” in the United States. Current tax law would tax that “repatriation” of cash as a second set of profits. 

Is this second taxing a good idea or a bad idea? If it remains in place, what is the effect on consumers, workers, and firms?