Interesting to see Carl Icahn is creating a $150 million Super-PAC expressly to lower taxes on foreign earnings.
Given his investments that will benefit from a lowering of foreign taxes, this seems like a no-brainer as far as return on investment. The good news is he is being public and straightforward about his motives. The bad news is it only takes his pocket change to dangle in front of Congress to do it. This will be a good test to see the market value of what it costs to buy legislation changes – if this legislation gets passed, hidden in some other bill no doubt, we will at least know the market price for democracy.