NEW YORK--(BUSINESS WIRE)--The US government's latest major corporate-tax proposal would likely result in reductions of the foreign cash balances held by US multinationals, according to Fitch Ratings. We believe the proposal lacks incentive for companies to keep cash overseas and could therefore result in a repatriation of funds back to the US. Such cash redeployment would likely go toward acquisitions and shareholder returns. Fitch would not expect material rating changes following such a repa