Showing posts with label corporate profits. Show all posts
Showing posts with label corporate profits. Show all posts

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...

Wednesday, November 24, 2010

"Business: Record Profits Not Enough" (with video)


Jonathan Chait:
It's historically unusual enough that we live in a period of record corporate profits coinciding with stagnant incomes. What's amazing is that the business world views this situation as symptomatic of insufficiently pro-business policies, and, further, that this complaint has received a widespread and generally sympathetic hearing in the political media. MORE...
Howie P.S.: Here's video (00:09) of Ted Kennedy's question that seems to apply here.