By Jeff Cox, CNBC.com Senior Writer
NEW YORK ( CNBC) -- Allowing U.S. companies to bring back overseas profits without taking a big tax hit would benefit shareholders but might not do much for the economy or jobs. The debate over tax repatriation has focused thus far on the hoped-for economic benefits. But according to one analysis, the impact actually could be greater on the stock market and result in a huge boost to the Standard & Poor's 500 dividend.
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