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CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
Ms Sans Serif
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[quote:Anonymous Coward 3910757:MV8yMDU3NTIyXzM0NjAwMTE0X0IzM0YzMEE0] [quote:mrmuffins69:MV8yMDU3NTIyXzM0NTk5NDI3X0YxNUNBRjYz] The Fix the Debt campaign has raised $60 million and recruited more than 80 CEOs of America's most powerful corporations to lobby for a debt deal that would reduce corporate taxes and shift costs onto the poor and elderly. [/quote] Indeed! And did you know that currently [b]$20 Billion MORE [/b] is spent in direct subsidies and tax breaks to U.S. Corporations then is spent on aid to families, food, house, financial aid, and all direct public assistance (not including Medicare and Social Security). These CEOs, these corporations are the leaches of our society!!! [/quote]
if company was incoporated in usa then they wont have to pay taxes on profits generated from overseas, in my opinion it doesnt even matter anymore do half of them even pay the required tax rate? some of the big companies dont even pay any taxes. they call it Fix the Debt.
link to www.ombwatch.org
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