Companies like Apple will bring back billions if there's a 'tax holiday,' but last time it was a 'disaster' Repatriation Tax Holiday Would Lose Revenue And Is a Proven Policy Failure Why A Repatriation Tax Holiday is Still a Bad Idea Republicans push this terrible idea AGAIN because they know the GOP base is ignorant to the point if being morons. The other times the GOP did this there was no benefit. Even though they sold the country a bill of goods, it was a failure except for the very rich. Did they create new jobs? No. They gave out dividends to shareholders who just got richer while the government got stiffed.