It's hard to imagine in today's economy - at a time when investment and job opportunities in America are needed more than ever - that our own government is considering institutionalizing a 15 percent to 20 percent cost and cash flow penalty for U.S. multinational companies versus our foreign competitors.
Over 10 years, this Obama budget proposal would cost U.S. multinational companies as much as $210 billion. This is $210 billion our foreign competitors would not have to pay, and it's $210 billion less to be invested by American companies in research and development, infrastructure and jobs.
Over 10 years, this Obama budget proposal would cost U.S. multinational companies as much as $210 billion. This is $210 billion our foreign competitors would not have to pay, and it's $210 billion less to be invested by American companies in research and development, infrastructure and jobs.
No comments:
Post a Comment