| Oct 10, 2011 | Economy / BusinessA coalition of big businesses is waging a campaign for a massive tax holiday on corporate profits stashed overseas. Its lobbyists claim that this windfall would create millions of jobs. If our lawmakers buy that, they’ve got very short memories. Just seven years...
| Oct 5, 2011 | Economy / BusinessSens. Kay Hagan (D-NC) and John McCain (R-AZ) have announced plans to introduce a bill tomorrow that would let U.S. companies bring home as much as $1.4 trillion of overseas profits at a steeply reduced tax rate. However, a new report by the Institute for Policy...
| Oct 4, 2011 | Economy / BusinessA powerful coalition of U.S.-based global companies is lobbying hard for a “tax holiday” on offshore profits. Companies like Google, Apple, Pfizer, and General Electric have parked huge amounts of profits — a stash totaling more than $1.4 trillion...
