Apple Inc. (Nasdaq: AAPL) CEO Tim Cook was summoned to Congress last week to face outraged legislators over his company's failure to pay corporate income taxes to any national government on more than $74 billion in overseas earnings.
This is a perfect example of a situation that is simply the tip of the "offshoring" iceberg. Below, I'll address what it means for your money and why the outcome may not end up at the "obvious" solution.