Actually has to do with your intangibles like we talked about earlier, your intellectual property companies, even if they have their physical operations here, sometimes they hold their intangible property overseas. And so In the 2017 tax cuts and Jobs act, we provided tax incentives for [companies] to bring [intangible property] here. And you know what happened? Our revenue went through the roof. Why? Because we weren't. We weren't. We didn't have those assets in the country to tax before. (1:21:19)
CLAIM
Asserts that the 2017 Tax Cuts and Jobs Act included tax incentives for companies to repatriate intangible property.
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