General Electric recently announced plans to repatriate $36 billion in income by remiting cash to the U.S. parent. Really? Why?

Pick a US TAX topic topic of emerging interest and write an essay of at least 300 words; provide at least 3 sources. Internet research is expected. Assume the reader has no background information, so you must explain it for the uninformed. Examples: The residential 30% solar credit is scheduled to expire after 2016. If it expires, is this good policy? U. S. Supreme Court partially repeals Defense of Marriage Act making it possible for same-sex married couples to file jointly. Power purchase agreements; do the tax benefits pass through to the user in the form of reduced purchase costs? An article in the sports section of the San Diego U-T on Sunday April 19 suggested that San Diego Padres must pay higher compensation to players to compete with teams in states with no state income tax. Really? General Electric recently announced plans to repatriate $36 billion in income by remiting cash to the U.S. parent. Really? Why? Members of the U. S. House of Representatives propose repealing the federal estate tax. Is this good policy? Maybe more later You may choose one of these or find a topic of your own.

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