Repatriations needed to yield $50 billion in American Infrastructure Bond (AIB) sales
Multiplier* | Required repatriations | Effective tax rate** |
---|---|---|
2.1 | $105 billion | 35.0% |
3 | $150 billion | 24.6% |
4 | $200 billion | 18.5% |
5 | $250 billion | 14.8% |
6 | $300 billion | 12.3% |
* Ratio of repatriations to dollar amount of AIBs purchased
** Implicit cost to firms of purchasing AIBs
Source: Author's calculations