In 2011, many large transnational corporations with large amounts of cash earned, taxed, and stored overseas asked the U.S. government for a 'tax-holiday' in which they would be able to bring that cash back into the U.S. without paying additional tax. These corporations claimed that they wanted to be able to invest and spend that cash in the U.S., helping the U.S. economy, but refused to bring the money back to the U.S. if it was going to be taxed. This situation is made possible through