billion the amount of money 60 u.s. companies parked overseas last year. not in the united states. overseas according to the wall street journal and their analysis. why are big companies focusing on their foreign subsidiaries? stuart varney says the answer is washington, d.c. that is the easy answer and that is correct. can we get used to the idea that taxes, tax rates, taxation drive economic activity? and that high tax rates in the united states drive the economic activity of american companies and american individuals? you just mentioned that. the wall street journal has got a study of 60 big american companies. they have parked $166 billion over there, outside the united states. why are they doing that? if they brought it back to america, they would have to pay a 35% tax rate on that money coming back here. that is the highest tax rate in the industrialized democratic world. and they re not going to pay it. so they are parking it over there quite deliberately to