In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.

Be strong and of good courage; be not afraid, neither be thou dismayed.

Unless liberty flourishes in all lands, it cannot flourish in one.

There can be no progress if people have no faith in tomorrow.

A medical revolution has extended the life of our elder citizens without providing the dignity and security those later years deserve.

The weapons of war must be abolished before they abolish us.

I would encourage every American to walk as often as possible. It's more than healthy; it's fun.