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I want corporations to be as profitable as possible, because that is good for our economy

What if they spirit all of that money out of the country to somewhere else? Surely it benefits the host country more to tax profits rather than just let them escape entirely?

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This is a fair point. But why would a company spirit the money away if there wasn't corporate tax? Wouldn't it be wiser to let it sit in country that doesn't tax it?

I honestly have no idea, but if the company is owned abroad by a company listed on a stock exchange in that foreign country, by institutional stockholders also in that country, one would assume that they'd be trying to move some proportion of it back 'home', if there is such a place.

I'll freely admit my knowledge of corporate finance falls apart somewhere around here.

That makes sense. I flounder when it comes to money moving across borders, not something that I have a solid grasp on.

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