Romney’s Tax Plan Would Create Jobs – In Germany

MItt Romney made his fortune as a Private Equity "Locust" (Heuschrecke). When his firm Bain Capital acquired a company , the modus operandi was to shut down manufacturing in the US and transfer production in low-cost labor environments overseas. 

Now, with his tax plan, Romney hopes to accelerate overseas job creation by eliminating US tax on foreign profits. This would create 800.000 overseas jobs, with Germany as a big benificiary, given the substantial US multinational presence there.

1. Currently, U.S. corporations don’t have to pay U.S. taxes on
   profits earned overseas until those profits are brought back into the
   United States. If elected, Romney would completely eliminate all U.S.
   taxes on these profits. Therefore, for the first time in modern history,
   an American company could move a factory overseas and never pay a
   single dollar in U.S. taxes on the profits generated by that factory.

2. Eliminating taxes on foreign profits could create 800,000 jobs overseas.
   No longer required to pay taxes on foreign profits, companies would now
   have new incentives to move their operations out of the United States.
   Economist Kim Clausing, an expert in international taxation, estimated
   that Romney’s plan to eliminate these taxes could lead to the creation
   of 800,000 jobs overseas. These jobs, created in China and other
   countries, could replace American jobs, drive down the wages of American
   middle-class workers, and undermine our economic recovery.

Is there any wonder why Deutsche Bank and Allianz are huge financial backers of Romney's campaign and the right-wing "superpacs" spending tens of $millions on televsion ads.?

Left out of the equation here are the additional Swiss bankers that will be requred to launder invest the profits, since the money will never be repatriated to the US so as to avoid taxation here.