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Possibly, but they'd have to bring in their profits from offshore, and that would be taxed.

That might be something the legislature could do (Sacramento, maybe Washington) -- corporations buying municipal bonds are exempt from the tax.

Ahhh, but you see, if they were taxed, then Palo Alto would have the money to build more shelters.

Palo Alto doesn't have an income tax. Maybe California or the federal government would have the money though.