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Finding new sources of revenue is a top priority for the happy-go-spendy Congress. But one taxation option that could have caused U.S. companies to cut millions of jobs just got taken off the table – for now.
That option would have reversed a longstanding U.S. tax exemption for U.S. businesses that operate branches abroad and don’t bring those profits back stateside
If the tax exemption were reversed, business owners could simply relocate their base operations abroad to avoid paying up – if they didn’t, they could risk losing a competitive advantage to foreign competitors...
Anti-Business Tax Proposal Goes Down
Are all of you ready for the 4th of July Tea Party Protest Rally near you? In over 1,200 cities all across America, the Silent Majority is Silent No More. We are making our posters and bringing our friends, families and a picnic. We can't be silent any more- our country is crumbling all around us, our elected officials are ignoring the will of the people.
Every single house member who voted for the Cap-n-Tax crappola should be booted out in 2010, and the Silent Majority has a mighty big boot.
The Silent Majority is going to roar on July 4, and every single one of us needs to be there to add our voice to the...