Reply #18: Silly me... [View All]

[punpirate]

... I forgot my own answer to my own question when this "surge in revenues" was mentioned in the previous quarter. This is from corporations cashing in their offshore profits and taking the small charges for taxes paid (5-7%), in exchange for the big windfalls which can be converted into mergers and takeovers, according the so-called jobs bill signed around February.

This increase in revenue is going to be very, very temporary, since there was a time limit on the tax amnesty. Once the time period runs out, that's when the job losses from further corporate consolidation will begin, and the revenues go in the toilet--again.