Jim Rogers: Don’t Tax Companies Bringing Earnings Back to US

The U.S. dollar is on its way out from being the world’s reserve currency, but tax breaks given to companies repatriating overseas earnings could strengthen the currency, says international investor Jim Rogers, a noted commodities bull.

“The U.S. dollar has started fading as the world’s reserve currency,” Rogers tells MarketWatch.

“However, the dollar could get a temporary boost if the government allows U.S. companies to repatriate their overseas cash without onerous taxation.”

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via Jim Rogers: Don’t Tax Companies Bringing Earnings Back to US.

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