Just today we had news about one in Indonesia http://www.reuters.com/article/us-indonesia-tax-idUSKCN1200R...
just a thought, worked 100 years ago from before it started financing itself with a passive income tax
it is entirely possible, also consider that no form of better tax compliance would solve its budget problems. The idea of paying 'fair share' is disingenuous when it is funding embezzlement within the military and defense sector waaaaay before it funds an an oft cited road or school
the biggest irony here is that I'm not a tax protester. maybe closer to a historian.
And the lower taxes should encourage business growth, even despite the fact that the government could come in and take over at anytime.
The US government and others have financed themselves in many ways before income and capital taxes.
Obama was also working on an amnesty for years and it never happened for whatever reasons. Of course this would work once then build up again overseas as they would just wait for another amnesty as explained by other posters.
There is little evidence that this will actually occur, otherwise places like Panama would be utopian paradises from all of the foreign cash. You can't solve "national problems, including poverty," if you refuse to tax the incoming money and instead let it continue to sit in corporate coffers.
You are really lost if you think tax rates are the only thing that matters.
If your VC is so profit focused they'd throw everything else away in the name of profits then maybe that's a VC you shouldn't have partnered with.