,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #ehhc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #aa1 #bjad   
,mr4 ,/ockman introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to l[] ! ,f$]al tax 
on ! e>n+s ( ,am]ican companies ) =eign 
op]ations4  #a4 ,%ort title  ,?is ,act  
may be cit$ z ! ,fair ,tax =            
,repatriation ,act4  #b4 ,l[]+ ( ,f$]al 
tax on e>n+s ( ov]seas ,am]ican         
companies  7a7 ,f9d+s ,! ,congress f9ds 
t ,am]ican companies ) =eign op]ations  
are accumulat+ e>n+s total+ z mu* z "o  
trillion doll>s1 n repatriat$ to !      
,unit$ ,/ates due to corporate income   
taxes z high z #ce p]c5t4 ,z a result ( 
?is p5alty1 ,u4,s4 companies inve/ _!   
e>n+s 9 =eign c\ntries ) little to no   
consequ5ce4 ,h[ev]1 if inve/$ int]nally1
 ^! funds c\ld spur ! developm5t (      
,u4,s4 jobs1 capital assets1 rese>*1 &  
m4 ,:]eas mo/ develop$ c\ntries1 su* z  
,g]many1 ! ,unit$ ,k+dom1 & ,france all 
h a tax on corporate pr(its e>n$        

int]nationally rang+ f #j p]c5t to #b   
p]c5t1 ! ,unit$ ,/ates has n foll[$ ?is 
lead4 ,!re=e1 ! ,congress mu/ adopt     
legislation l[]+ ! ,f$]al tax on e>n+s (
 ,am]ican companies ) =eign op]ations to
 #e p]c5t4 ,implem5tation ( ?is *ange   
has ! ability to raise ,f$]al tax rev5ue
 by #ej billion1 help+ to fund !        
trillion doll> /imulus4  7b7 ,am]ican   
,jobs ,creation ,act ( #bjjd ,elim9ation
 ,! ,am]ican ,jobs ,creation ,act (     
#bjjd all[s ,am]ican companies ) =eign  
op]ations a "o-"t tax break on e>n+s1   
decreas+ ! ,f$]al tax f #ce p]c5t to    
#e4be p]c5t4 ,! ,fair ,tax =            
,repatriation ,act w\ld l[] ?is tax f   
#e4be p]c5t to #e p]c5t p]man5tly4  #c4 
,adm9i/ration ( ! ,fair ,tax =          
,repatriation ,act ,! ,unit$ ,/ates     
,dep>tm5t ( ! ,treasury w be responsible
 = adm9i/rat+ & en=c+ ! ,f$]al tax on   
e>n+s ( ,am]ican companies ) =eign      
op]ations4 ,! ,f$]al tax = ,u4,s4       
corporations e>n+ pr(its abroad w be a  
flat #e p]c5t4  #d4 ,enactm5t ,date ,?is

 bill %all g into effect #ij days aft]  
passage4