Friday, August 05, 2011

Matt Taibbi on Countdown-"Evil Corporate Tax Holiday Deal Still Alive" (with video)

MiniRtist with video (07:26) from Current TV.

Howie P.S.: Taibbi writes about this in latest post on the Taibblog:
For people interested in this story, I definitely recommend reading this Bloomberg article focusing on Cisco, one of the biggest lobbyers in favor of the tax holiday. This is a company whose CEO, John Chambers, wrote an editorial last October in the Wall Street Journal predicting that the tax holiday would generate a trillion dollars in repatriated earnings, money that Chambers insisted would outdo even Barack Obama’s stimulus as a job-creation engine...MORE...

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