"News that Johnson and Johnson will be repatriating $11 billion of its past earnings from foreign activities back into the US in an attempt to take advantage of the reduced taxes offered under Bush's American Jobs Creation Act of 2004"
This is interesting. They are repatriating money but it doesn't mean they are creating new jobs. Another special interest giveaway? Nah.
re. J&J billions repatriation
They are repatriating money but it doesn't mean they are creating new jobs. Another special interest giveaway? Nah.
Oh, come on. If job creation was the purpose they wouldn't have done it. They did it for the profits. Period.
The irony of your post is that these corporations are bringing money back to the US from places that demand that money go to workers, which only encourages less employment.