U.S.-based nonfinancial companies are parking record amounts of cash abroad, thanks largely to a tax code that encourages them to indefinitely keep profits from their foreign subsidiaries outside of the country.
U.S.-based nonfinancial companies are parking record amounts of cash abroad, thanks largely to a tax code that encourages them to indefinitely keep profits from their foreign subsidiaries outside of the country.
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The Bureau of Economic Analysis has released its annual data on compensation levels by industry … . The data show that the pay advantage enjoyed by federal civilian workers over private-sector workers continues to expand.
The new data show that average federal compensation is now more than double the average in the private sector.
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