By John Gruber
For 138 years Lady Liberty watched over us — now it’s time to return the favor.
Long story short: Because so much of the company’s cash is held overseas, and it would cost far, far more in taxes to bring that cash into the U.S. than they’ll pay in interest on the debt they’ve sold.
See also: Robert Reich argues that this is poor government policy.
★ Wednesday, 1 May 2013