Daily Archives: July 22, 2011

A new corporate tax holiday would shock even cynics


Remember the disastrous “tax holiday” Congress granted mega-corporations such as Apple and GE in 2004? The idea was to allow corporations to bring home huge profits they’d stashed overseas, in the hope they might use the money to create jobs. … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | 1 Comment