[ninenot]

The tread-header is VERY important.

[ex-snook]

ping back.

Now I wonder where this leaves those spouting 'what can the government do about jobs?" Spin us around again.

[LibertyAndJusticeForAll]

Don't go looking in the tax code for a chapter titled "Tax Break for Hiring Foreign Workers." It doesn't exist. The way it works is more complicated. One of the most important is through the ability to defer and often never pay taxes on foreign-earned profits. The result: foreign profits of U.S. companies end up taxed at a lower rate than their U.S. income, creating an incentive to invest overseas in factories. The jobs are where the factories are.

OPIC and other types of foreign aid WE already knew about. THIS tax incentive, THE GOP and CEOs have ALWAYS known about, but declined to share that information with US.

Now WE know TOO.

[harpseal]

Ping