Kerry comes up with a good plan to bring $12 billion back to the government...
But says he'll give it all back to the corporations:
In a speech in Detroit, Kerry will propose ending a tax provision that lets companies defer paying U.S. taxes on income earned by foreign subsidiaries. He would use the $12 billion in annual savings for a 5 percent cut in corporate tax rates. -- Reuters
Jeez, John! Wouldn't that $12 billion fund the "No Child Left Behind" bill that you voted for but complain about Bush not funding? Or buy lots of body armor? Or provide health care for millions? Maybe just pay down the huge deficit?
If cutting corporate taxes is your idea of the best way to spend $12 billion, you ain't no Democrat.
But says he'll give it all back to the corporations:
In a speech in Detroit, Kerry will propose ending a tax provision that lets companies defer paying U.S. taxes on income earned by foreign subsidiaries. He would use the $12 billion in annual savings for a 5 percent cut in corporate tax rates. -- Reuters
Jeez, John! Wouldn't that $12 billion fund the "No Child Left Behind" bill that you voted for but complain about Bush not funding? Or buy lots of body armor? Or provide health care for millions? Maybe just pay down the huge deficit?
If cutting corporate taxes is your idea of the best way to spend $12 billion, you ain't no Democrat.
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