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Free Money Claim Roils Clash on One-Time Offshore Tax Break

The fate of a proposed tax holiday on repatriating offshore profits could turn on whether the idea would lead to a deluge of money into the U.S. Treasury -- or out of it.

Backers, including such companies as Adobe Systems Inc., Cisco Systems Inc. and Pfizer Inc., say bringing home more than $1 trillion in profits that companies have parked outside the U.S. would yield a windfall for the federal government.