Hey T you got that one. The money corporations are parking off shore is from foreign profits which are huge and they are not going to bring it back and loose it to taxes as the stock holders would kill em. Companies in country big & small are parking big time and not investing to be sure.

Both things are driven by the US tax code. The Corp I worked for went RIT dropped the tax bill from 32% to 18% but had to shed production facilities so several thousand jobs went nation wide. Every plant was making money, in fact a Japanese customer guaranteed cost plus on a five year contract for one. Now the company resisted this for a while but insurance and investment firms ( mutual funds / IRA's / ect ) held huge blocks of stock and insisted on greater return on investment. So who is at fault?

In my mind it is congress and those who think businesses pay taxes. They DO NOT but simply pass a tax cost on to the end consumer of the product they produce. We need to revise the code so to get to zero taxes they have to invest heavily in R&D, production facility upgrades and new ventures not this perverted scheme we have now. To increase profits by reducing productivity / production and investment is nuts.

Oh yeah, a D Senator has a idea of giving the Corps a tax holiday on the offshore money if they bring it back and invest 25% or so. Somebody knows more about this than I do, I am sure. Good idea though.