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A jobs act that created no jobs: a lesson in profitable lobbying
- jacoblyles 17y agopolitics.reddit.com
- catone 17y agoI agree, except that I think there's also a lesson to be learned from this piece about marketing -- dishonest marketing, sure, but there it is. I found it interesting, so submitted. shrug
- jacoblyles 17y agoExcept the article itself is dishonest spin. As far as I am aware, corporations are not charged any taxes on profit in overseas subsidiaries until they are repatriated. So the 5% tax is greater than the 0% tax that they would have received on many sums if they did not have the tax holiday. Pretty clear (breathless) partisan spin here. Low information, low quality, and I can't believe stuff like this isn't killed anymore.